Fair Housing
A lender who refuses to make loans in certain geographic areas based on the racial composition of those neighborhoods is engaging in:
ASteering
BBlockbusting
CRedlining✓ Correct
DPanic selling
Explanation
Redlining is the illegal practice of denying loans or insurance to residents of certain neighborhoods based on race or ethnicity. The term comes from lenders marking such areas in red on maps.
Related New Mexico Fair Housing Questions
- In New Mexico, the concept of 'reasonable accommodation' in fair housing applies to:
- A person who believes they were discriminated against in a housing transaction in New Mexico may file a complaint with:
- Under the Fair Housing Act, a landlord sets a policy of 'no more than 2 persons per bedroom.' In a fair housing context, this policy may be:
- The Americans with Disabilities Act (ADA) primarily applies to which type of New Mexico real estate?
- A New Mexico apartment manager who charges a higher security deposit to families with children than to childless adults is:
- In New Mexico, which of the following is an example of an 'affirmative marketing' fair housing obligation?
- Under the Fair Housing Act, which of the following is NOT a protected class?
- Under the Fair Housing Act, which of the following is an example of illegal 'source of income' discrimination in states where it is protected?
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