Fair Housing
A lender in NC refuses to make mortgage loans in predominantly minority neighborhoods regardless of individual applicants' creditworthiness. This practice is called:
ABlockbusting
BSteering
CRedlining✓ Correct
DFlipping
Explanation
Redlining is the illegal practice of refusing to lend or provide insurance in certain geographic areas based on the racial or ethnic composition of those areas, without regard to individual creditworthiness. It violates the FHA and ECOA.
Related North Carolina Fair Housing Questions
- Redlining in mortgage lending involves:
- A NC property management company that has a policy of not renting to people with criminal records must be careful because:
- A NC housing provider who creates a policy that appears neutral but has a disproportionate negative impact on a protected class may be liable under:
- Which of the following is an example of illegal disparate impact discrimination in housing?
- A landlord has a policy that no children under 12 may live in their apartment complex. This policy most likely violates which protected class under the Fair Housing Act?
- Redlining in real estate refers to:
- 'Blockbusting' is an illegal practice in which brokers:
- Under the Fair Housing Act, a landlord may reject a rental applicant based on:
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