Dodd-Frank Wall Street Reform Act

Dodd-Frank Wall Street Reform and Consumer Protection Act

Enacted in 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act is a comprehensive piece of federal legislation designed to promote financial stability, protect consumers, and prevent the reckless practices that contributed to the 2008 financial crisis.

Bay Arealty — Genesis Loans Compliance Statement

NMLS #368880 | DRE #01447306

Commitment to Fair Lending & Housing

Bay Arealty — Genesis Loans ("Bay Arealty") is dedicated to conducting business in a fair and ethical manner. We adhere to all applicable federal and state laws and regulations, including but not limited to:

• Equal Credit Opportunity Act (ECOA): We do not discriminate against any applicant on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract), receipt of income from a public assistance program, or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.
• Fair Housing Act: We strictly prohibit discrimination in all housing-related transactions based on race, color, religion, national origin, sex, familial status, or disability.
• Dodd-Frank Act: We comply with all provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, including the Ability-to-Repay (ATR) and Qualified Mortgage (QM) rules, which require lenders to make a reasonable and good-faith determination that borrowers can repay their loans before extending credit.
• Other Applicable Laws: We comply with all other federal and state laws and regulations related to mortgage lending, including the Truth in Lending Act (TILA), the Real Estate Settlement Procedures Act (RESPA), and the Home Mortgage Disclosure Act (HMDA).

Our Practices

• Fair Treatment: We strive to treat all applicants and borrowers fairly and consistently throughout the loan origination process.
• Objective Criteria: We evaluate loan applications based on objective criteria related to creditworthiness, such as income, assets, and debt obligations.
• Transparency: We provide clear and accurate information about our loan products, terms, and conditions in accordance with Dodd-Frank disclosure requirements.
• Complaint Resolution: We have a robust process in place for addressing any complaints or concerns regarding potential discrimination or unfair lending practices.

Your Rights

If you believe you have been discriminated against in any aspect of a housing-related transaction or lending process, you have the right to file a complaint with:

The Consumer Financial Protection Bureau (CFPB)

The CFPB was established by the Dodd-Frank Act to protect consumers in the financial marketplace.

• Online: https://www.consumerfinance.gov/complaint/
• Phone: (855) 411-CFPB (2372)
• Mail: Consumer Financial Protection Bureau, P.O. Box 4503, Iowa City, Iowa 52244

The U.S. Department of Housing and Urban Development (HUD)

• Online: https://www.hud.gov/program_offices/fair_housing_equal_opp/online-complaint
• Phone: (800) 669-9777

We Value Your Trust

At Bay Arealty — Genesis Loans, we value your trust and are committed to providing a fair and equitable lending experience for all. The Dodd-Frank Act strengthens our ability to serve you with integrity, transparency, and accountability.

Disclaimer

Bay Arealty — Genesis Loans, NMLS #368880 | DRE #01447306, located at 1313 N Milpitas Blvd, Suite 235, Milpitas, CA 95035. Bay Arealty — Genesis Loans does not provide legal, tax, or financial advice or guidance and is not associated with any government agency. This is not an offer for extension of credit nor a commitment to lend. Programs, rates, terms and conditions subject to change without notice. Certain restrictions may apply. All approvals are subject to underwriting guidelines and minimum credit requirements. Not all loans or products are available in all states. As a result of refinancing, your total finance charges may be higher over the life of the loan. Minimum and maximum loan amounts apply. For current licensure information, please visit: https://www.nmlsconsumeraccess.org.