--- title: CFPB Releases Reminder for Lenders about Public Assistance description: We look at some reminders sent out by the CFPB for mortgage lenders about public assistance income. image: https://www.mortech.com/hubfs/2015_redesign/blog_images/blogThumbs/lori_5-20-15.gif --- [![Get my demo](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/25649/1c6fbee1-0d0c-4238-8485-13c8e3f73157.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/25649/1c6fbee1-0d0c-4238-8485-13c8e3f73157) [![mortech](https://www.mortech.com/hubfs/2015_redesign/mortech_logos/mortech_logo_white.png) ![mortech](https://www.mortech.com/hubfs/2015_redesign/mortech_logos/rings_logo_white.png) ](https://www.mortech.com/) # Mortech Blog # 855.298.9327 # CFPB Releases Reminder for Lenders about Public Assistance Posted by [Lori Christenson](https://www.mortech.com/mortechblog/author/lori-christenson) on May 20, 2015 1:52:00 PM - [Tweet](https://twitter.com/share) ![CFPB Releases Public Assistance Reminder](https://www.mortech.com/hubfs/2015_redesign/blog_images/blogThumbs/lori_5-20-15.gif "CFPB Releases Public Assistance Reminder")The Consumer Protection Financial Bureau (CFPB) is [reminding ](http://www.consumerfinance.gov/blog/income-from-the-section-8-housing-choice-voucher-homeownership-program-shouldnt-mean-you-dont-qualify-for-a-mortgage/)lenders that not accepting public assistance income is a violation of the Equal Credit Opportunity Act (ECOA) and its implementing regulation, Regulation B.  The Equal Credit Opportunity Act states that a creditor cannot discriminate against an applicant because of income from public assistance.  The lender is not allowed to exclude or refuse vouchers from the Section 8 Housing Choice Voucher (HCV) Homeownership program as a source of income when approving a borrower.  The HCV program was created to help very low-income families in leasing or purchasing a home that is safe, decent, and affordable.  It is funded by the Department of Housing and Urban Development and is administered by public housing agencies.  Participants in the program may choose any housing that meets the requirements of the program, and are not limited to subsidized housing projects.   We look at industry happenings and updates every week. ### News & Events Get the latest Mortech product announcements, company updates, and mortgage news delivered to your inbox. ### Subscribe to email updates ### Recent Posts ### Posts by Topic - [Compliance (2)](https://www.mortech.com/mortechblog/topic/compliance) - [Mortgage Compliance (2)](https://www.mortech.com/mortechblog/topic/mortgage-compliance) - [Mortgage Technology Top 50 Service Provider (1)](https://www.mortech.com/mortechblog/topic/mortgage-technology-top-50-service-provider) - [mortgage hedging (1)](https://www.mortech.com/mortechblog/topic/mortgage-hedging) ### Demo [Products](https://www.mortech.com/solutions) [Mortgage Pricing Engine](https://www.mortech.com/mortgage-pricing-engine) [Predictive Analytics](https://www.mortech.com/customer-retention-with-mortech-protection) [Mortgage APIs](https://www.mortech.com/mortgage-apis) [Online Rate Quoting](https://www.mortech.com/online-automated-rate-quoting) [Secondary Marketing](https://www.mortech.com/secondary-marketing) [About Us](https://www.mortech.com/about-us) [Partners](https://www.mortech.com/partners) [Investors](https://www.mortech.com/investors) [Contact Us](https://www.mortech.com/about-us/contact-us) [Testimonials](https://www.mortech.com/testimonials) [News & Events](https://www.mortech.com/mortechnews) [Blog](https://www.mortech.com/mortechblog) [Conference Calendar](https://www.mortech.com/conference-calendar) Follow Us Contact Us [855.298.9327](tel:855.298.9327) [sales@mortech.com](mailto:sales@mortech.com) [support@mortech.com](mailto:support@mortech.com) [Terms of Use](https://www.zillowgroup.com/terms-of-use-privacy-policy/)    |     © 2026 Mortech, a Zillow Group business, All Rights Reserved