Fair Housing
A Wisconsin mortgage lender who denies a loan based on the property's location in a minority neighborhood (not based on the borrower's creditworthiness) is engaging in:
APermissible risk-based underwriting
BGeographic redlining, which violates the Fair Housing Act and ECOA✓ Correct
CAppropriate market analysis
DCRA compliance activity
Explanation
Denying loans based on the racial or ethnic composition of a neighborhood — rather than the individual borrower's creditworthiness — is redlining, illegal under both the Fair Housing Act and ECOA.
Related Wisconsin Fair Housing Questions
- A Wisconsin senior housing community (age 55+) can lawfully restrict residency to persons over 55 if:
- Under the Fair Housing Act, an advertisement for a rental property that includes the phrase 'Christians preferred' is:
- Under Wisconsin Open Housing Act, a landlord may not discriminate based on 'ancestry.' This means:
- A Wisconsin landlord may restrict a building to adults only (no children) if the building qualifies as:
- A Wisconsin property owner who advertises a 'great neighborhood with good schools' may be unintentionally engaging in steering if:
- Steering in the context of Wisconsin fair housing law means:
- Under the Fair Housing Act, which of the following is a permitted exemption?
- A Wisconsin real estate agent tells a white buyer, 'You wouldn't want to live in that neighborhood.' This statement may constitute:
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →