Fair Housing
A Wisconsin bank requires higher down payments from buyers in certain zip codes that happen to be predominantly minority. This practice is called:
ARisk-based pricing
BRedlining✓ Correct
CBlockbusting
DSteering
Explanation
Redlining is the illegal practice of refusing or limiting lending (or charging discriminatory terms) in certain geographic areas based on the racial or ethnic composition of those areas, in violation of the Fair Housing Act and Equal Credit Opportunity Act.
Related Wisconsin Fair Housing Questions
- Under Wisconsin law, an applicant who is denied housing based on a protected characteristic may file a complaint with the Wisconsin Equal Rights Division within:
- A Wisconsin newspaper runs a real estate advertisement that includes a drawing of a white family in a suburban setting. This imagery:
- Redlining in real estate refers to:
- Which organization enforces federal fair housing laws and investigates complaints?
- The Americans with Disabilities Act (ADA) requires which type of Wisconsin property to provide accessible facilities?
- The Equal Credit Opportunity Act (ECOA) prohibits discrimination in lending based on all of the following EXCEPT:
- A Wisconsin property manager who conducts background checks must apply the same criteria:
- The federal Americans with Disabilities Act (ADA) requires places of public accommodation to:
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