Home Loan Panel Upholds Women's Mortgage Right
Fed Home Loan Bank Bd on Dec 17 makes it matter of policy that savings and loan insts may no longer discriminate against women or families dependent on working wife's income in making mortgage loans; bd's statement does not have technical force of law but it is binding for insts it regulates; S M Rohde, research assoc at Center for National Policy Review, says survey taken by bd in '72 indicated widespread discrimination against would-be borrowers on such grounds; one-fourth of the savings and loan insts said they did not count working wife's income in considering mortgage loan applications; policy statement also cited as potentially discriminatory the practice of requiring fluent English as prerequisite for loan approval