Which part of the FDIC regulations addresses fair housing?

The correct response is linked to Part 338 of the FDIC regulations, which pertains directly to fair housing. This section implements the Fair Housing Act, which aims to prevent discrimination in housing practices. It is essential for institutions to adhere to these regulations to promote equal opportunity in housing and to ensure that all individuals have access to housing without facing discrimination based on race, color, religion, sex, national origin, familial status, or disability.

Understanding where fair housing regulations are located in the FDIC compliance framework is crucial for financial institutions, as it encompasses their obligations in promoting fair lending practices. It ensures that institutions not only comply with the law but also actively contribute to the promotion of fair housing initiatives within their communities.