Fair Housing
A Colorado lender who denies loans in certain minority-majority neighborhoods, regardless of the creditworthiness of individual applicants, is engaging in:
AA. Steering
BB. Redlining✓ Correct
CC. Blockbusting
DD. Panic selling
Explanation
Redlining is the discriminatory practice of refusing to provide financial services (mortgages, insurance) in neighborhoods based on the racial or ethnic composition of the area rather than the creditworthiness of individual applicants. It is illegal under the Fair Housing Act and the Equal Credit Opportunity Act (ECOA).
Related Colorado Fair Housing Questions
- The federal Fair Housing Act was originally enacted as part of which legislation?
- Colorado's 'source of income' protection under fair housing law means:
- Under Colorado fair housing law, which of the following is considered a protected class NOT found in the federal Fair Housing Act?
- A Colorado landlord can legally discriminate against a rental applicant based on their:
- A Colorado employer who provides housing as part of employment can restrict occupancy to:
- A Colorado landlord requiring all applicants to provide their national origin on the rental application:
- A Colorado seller places an ad that reads 'No Section 8.' This advertisement:
- Under federal fair housing law, which of the following persons would be considered to have a 'disability' protected under the FHA?
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