Fair Credit Reporting: Section 609(g)
Section 609(g) generally requires any person who “makes or arranges loans and who uses a consumer credit score. . . . in connection with an application initiated or sought by a consumer for a. . . . loan for a consumer purpose that is secured by 1 to 4 units of residential property” to provide consumers with their credit score, along with a required disclosure.
1. APPLIES TO SECOND MORTGAGES