Duran applies to EZ Credit Mortgage Company for $100,000 to buy a home. EZ Credit steers Duran toward an adjustable-rate mortgage even though he qualifies for a fixed-rate mortgage. This is

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This is an example of steering, where the mortgage company is pushing Duran towards a particular mortgage product (in this case, an adjustable-rate mortgage) even though he qualifies for a different product (a fixed-rate mortgage). This is a violation of fair lending practices, as it could potentially result in Duran being given a loan that is not the best fit for his circumstances.

Duran Applies to EZ Credit Mortgage Company for $100,000 to Buy