Final answer:
The Home Mortgage Disclosure Act (HMDA) requires lenders to collect information that may help determine if discriminatory lending practices are being used.
The answer is option ⇒b
Step-by-step explanation:
The federal legislation that requires an originator to ask for information to be collected that may help determine if discriminatory lending practices are being employed is the Home Mortgage Disclosure Act (HMDA).
The HMDA requires lenders to collect and report data about mortgage loan applications, including information about the borrower's race, ethnicity, and sex. This data is used to identify and address discriminatory lending practices.
The answer is option ⇒b