Fair Housing
What is 'reverse redlining' or predatory lending and how has it affected Nevada?
AA form of fair lending that benefits minority communities
BTargeting protected class members with unfair, high-cost loan products in areas previously excluded from conventional lending — often seen in Nevada's minority communities during the subprime boom✓ Correct
CA HUD program encouraging lending in minority communities
DA state program reviewing Nevada lender practices
Explanation
Reverse redlining involves targeting minority communities with predatory high-cost loans (sub-prime, option ARMs). Nevada, especially Las Vegas, was severely affected during the 2000s subprime boom. Communities of color saw disproportionate foreclosure rates, raising fair lending enforcement actions.
Related Nevada Fair Housing Questions
- What is the role of the 'Nevada Equal Rights Commission' (NERC) in housing discrimination?
- What is the Nevada Commission on Equal Rights established to do?
- A Nevada property manager refuses to rent to a family with two children because of a 'no children' policy. This violates:
- A Nevada lender refuses to make mortgage loans in a specific ZIP code in North Las Vegas citing 'high risk.' This practice is known as:
- Blockbusting is illegal under the Nevada and federal Fair Housing Acts. Which scenario describes blockbusting?
- What is the Nevada Inclusive Communities Act and how does it relate to fair housing?
- What are the seven protected classes under the federal Fair Housing Act?
- What is 'source of income' discrimination and does Nevada protect against it?
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