Fair Housing
Redlining, as it applies to Iowa mortgage lending, refers to:
ADrawing red property lines on appraisals to show boundaries
BDenying loans or insurance in certain geographic areas based on racial composition✓ Correct
CMarking foreclosed properties on lender maps
DSetting loan-to-value limits in high-risk areas
Explanation
Redlining is the discriminatory practice of denying or limiting financial services to neighborhoods based on racial or ethnic composition, violating the Fair Housing Act and the Community Reinvestment Act.
Related Iowa Fair Housing Questions
- Blockbusting under the Fair Housing Act is:
- Under the Fair Housing Act, which of the following must be provided in common areas of multifamily housing built for first occupancy after March 13, 1991?
- Blockbusting is defined as:
- Under the Fair Housing Act, which of the following is a permitted exemption?
- Steering in real estate refers to the illegal practice of:
- An Iowa landlord who charges a higher security deposit to tenants with disabilities than to tenants without disabilities is:
- The Iowa Civil Rights Act prohibits discrimination in housing based on all of the following EXCEPT:
- Iowa's Civil Rights Act adds which additional protected classes for housing beyond the federal Fair Housing Act?
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