Section DFI-SB 8.02 - Certain underwriting practices prohibitedUnless required by state or federal law, including ch. 766, Stats., or by state rules or federal regulations, no savings bank may utilize an underwriting practice that does any of the following:
(1) Fails to consider all of the regular and dependable income of each person who will become obligated for payment of the debt.(2) Varies the terms or criteria of the extension of credit on the basis of the child-bearing capacity of an applicant or an applicant's spouse.(3) Utilizes lending standards that have no economic basis and are discriminatory in effect.Wis. Admin. Code Department of Financial Institutions DFI-SB 8.02
CR Register, February, 1994, No. 458, eff. 3-1-94.