Fair Housing
An Oklahoma mortgage lender's practice of refusing to make loans in certain neighborhoods based on racial composition — regardless of individual applicants' creditworthiness — is called:
ACommunity reinvestment
BRedlining, which violates the Fair Housing Act, the Equal Credit Opportunity Act, and the Community Reinvestment Act✓ Correct
CGeographic risk management
DStandard underwriting
Explanation
Redlining is the illegal practice of refusing to lend in neighborhoods based on racial or ethnic composition. It violates the Fair Housing Act, ECOA, and CRA.
Related Oklahoma Fair Housing Questions
- Under the Fair Housing Act in Oklahoma, a victim of domestic violence who is evicted solely because they were a victim of domestic violence may have a claim for:
- The federal Fair Housing Act was significantly strengthened in 1988 by adding disability and familial status as protected classes. Before 1988, the original 1968 Act protected:
- A Tulsa landlord refuses to rent to a person because they participate in the Section 8 Housing Choice Voucher program. Under federal Fair Housing law:
- Under Oklahoma law and the Fair Housing Act, a landlord may ask a prospective tenant with a visible disability about their disability to:
- An Oklahoma property manager has a policy of charging a $500 pet deposit for dogs and cats. A tenant with a disability requests that the pet deposit be waived for their emotional support animal (ESA). The property manager must:
- A developer in Oklahoma City builds a new 10-unit apartment complex. Under the Fair Housing Act, the units must:
- A real estate professional in Oklahoma who learns that a neighborhood is 'changing' racially and encourages property owners to sell quickly is engaging in:
- Redlining refers to the practice of:
Practice More Oklahoma Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oklahoma Quiz →