A creditor is defined as someone who “regularly extends” credit, or an assignee of a creditor that participates in the decision to extend credit. 15 U.S.C. § 1691a(e); see also 12 C.F.R. § 202.2(l) (defining a creditor as “a person who, in the ordinary course of business, regularly participates in a credit decision, including setting the terms of the credit”).

. “Credit,” in turn, is defined in the ECOA as “the right granted by a creditor to a debtor to defer payment of debt or to incur debts and defer its payment or to purchase property or services and defer payment therefor.” 15 U.S.C. § 1691a(d). The FRB is charged with issuing implementing regulations to carry out the purposes of the ECOA, see 15 U.S.C. § 1691b(a), and has issued the ECOA implementing regulation, referred to as “Regulation B,” under 12 C.F.R. pt. 202.

The ECOA prohibits credit discrimination on various bases, including marital status. See 15 U.S.C. § 1691a. To effect that broad mandate, Congress authorized the Consumer Financial Protection Bureau (“CFPB”) to promulgate regulations governing the consumer credit market.

See 15 U.S.C. § 15 U.S.C. § 1691a(b). Accordingly, Ms. Russick cannot establish an ECOA claim against Wells Fargo based upon disability.

FACTA incorporates the definition of “credit” 57 from the Equal Credit Opportunity Act (“ECOA”). See 15 U.S.C. § 1691a(d). But that definition does not change the meaning of section 1681a(m), because the term “credit transaction that is not initiated by the consumer” is defined to exclude those situations when collectors of “accounts” access consumer credit reports.

The ECOA prohibits credit discrimination on various bases, including marital status. See 15 U.S.C. § 1691a. To effect that broad mandate, Congress authorized the Consumer Financial Protection Bureau (“CFPB”) to promulgate regulations governing the consumer credit market.

They also agree that for an “assignee” to be a “creditor,” it must actually “participate[] in the decision to extend, renew, or continue credit.” 15 U.S.C. § 1691a(e); see Mem. 17; Opp.

Cashing checks is not protected under the ECOA. (15 U.S.C. § 1691(a); 15 U.S.C. § 1691a(d).) Accordingly, even if true, Plaintiff’s allegation that Bank of America refused to negotiate nearly a billion dollars in bonds in 2003 does not state a claim under the ECOA, because negotiating bonds is not protected under the ECOA.

Cashing checks is not protected under the ECOA. 15 U.S.C. § 1691(a); 15 U.S.C. § 1691a(d). Furthermore, any bank, business, or entity would be well within their legal rights to refuse to cash a check for hundreds of millions of dollars drawn on foreign banks, whose names Plaintiff admits he does not know.

(1997) .................................................................................................................10 Vaughn v. Consumer Home Mortgage Co., 297 F. App’x 23 (2d Cir. 2008) ...............................................................................................30 Wards Cove Packaging Co. v. Atonio, 490 U.S. 642 (1989) .................................................................................................................26 Williams v. 2000 Homes Inc., 2009 WL 2252528 (E.D.N.Y. 2009) ........................................................................................20 Case 1:12-cv-07667-HB Document 37 Filed 12/21/12 Page 8 of 41 viii Wright v. Castle Point Mortgage, 2006 WL 1468678 (D.N.J. 2006) ............................................................................................16 STATUTES 15 U.S.C. § 1691(a) .......................................................................................................................17 15 U.S.C. § 1691a(e)......................................................................................................................17 15 U.S.C. § 1691e(f) ..............................................................................................................8, 9, 10 42 U.S.C. § 2000e–2(k) .................................................................................................................26 42 U.S.C. § 3605(a) ...........................................................................................................14, 15, 16 42 U.S.C. § 3605(b) .......................................................................................................................14 42 U.S.C. § 3613(a) ...................................................................................................................7, 10 Mich. Comp. Laws § 37.