Which federal legislation requires the loan officer to use a surname when the borrower does not wish to provide race or national origin information?

The Home Mortgage Disclosure Act (HMDA) requires that if a borrower chooses not to provide their race or national origin information, the loan officer must document that information using the surname of the borrower. This legislation was implemented to ensure that lenders conduct fair lending practices and to collect data that can identify patterns of discrimination in lending. By requiring the use of the surname when race or national origin is not disclosed, HMDA helps to maintain the integrity of the data collected, which is vital for monitoring compliance with fair lending laws and practices.

The other legislations mentioned, such as the Equal Credit Opportunity Act, primarily deal with prohibiting discrimination in lending based on certain protected characteristics but do not specifically mandate how to handle situations concerning the disclosure of race or national origin in the manner outlined in the question. The Real Estate Settlement Procedures Act and the Truth in Lending Act focus on different aspects of real estate transactions and consumer protection, making them less applicable to this specific requirement.