Fair Housing
A Nebraska lender denies a mortgage to an applicant because the property is located in a predominantly minority neighborhood, not because of the applicant's creditworthiness. This is:
ALegal if the neighborhood has higher default rates
BRedlining — an illegal discriminatory lending practice✓ Correct
CPermissible risk-based lending
DA fair housing violation only if the applicant is a minority
Explanation
Redlining — denying loans based on the racial or ethnic composition of a neighborhood — is illegal regardless of the applicant's race. This practice violates the Fair Housing Act and the Equal Credit Opportunity Act.
Related Nebraska Fair Housing Questions
- Under the Fair Housing Act, 'national origin' discrimination includes discrimination based on:
- Under the Fair Housing Act, a housing provider's failure to provide a reasonable accommodation for a person with a disability is discriminatory unless:
- A Nebraska landlord refuses to rent to a family because they have young children. This violates fair housing law based on which protected class?
- A Nebraska property manager posts a 'No Section 8' sign in their rental office window. Under Nebraska's fair housing law, this is:
- A Nebraska real estate agent shows minority buyers homes only in certain neighborhoods while showing white buyers homes throughout the city. This practice is called:
- A real estate agent who tells a white buyer 'you probably wouldn't want to live in that neighborhood' based on racial composition is engaging in:
- Blockbusting is an illegal practice in which a real estate agent:
- Nebraska's fair housing laws provide that a person who aids, abets, incites, compels, or coerces another to violate fair housing law is:
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