Webredlining The practice of a lender to refuse to lend in a specific area, often based on the minority makeup of the area. steering The illegal practice of nudging buyers away or toward a specific area based on the presence or absence of protected class members in the area relative to the buyers. Students also viewed Web16. jún 2024 · Redlining, a process by which banks and other institutions refuse to offer mortgages or offer worse rates to customers in certain neighborhoods based on their …

What Is

Web12. jan 2024 · Redlining is the discriminatory practice of denying services (typically financial) to residents of certain areas based on their race or ethnicity. Under fair lending … WebRedlining A discriminatory real estate practice in North America in which members of minority groups are prevented from obtaining money to purchase homes or property in predominantly white neighborhoods. The practice derived its name from the red lines depicted on cadastral maps used by real estate agents and developers. off the beaten trail shoes

redlining Flashcards Quizlet

Web1. sep 2024 · Redlining was the practice of selectively classifying neighborhoods as most likely to default on repayment of a mortgage loan. ... a house or another piece of real estate is offered as collateral, meaning the lender can seize ownership of the collateral if the borrower fails to repay the debt. Nonetheless, real estate is not considered to ... WebRedlining, Blockbusting, Panic Peddling and Steering are 4 key real estate terms relating to fair housing that student need to know for their real estate lic... In the United States, redlining is a discriminatory practice in which services (financial and otherwise) are withheld from potential customers who reside in neighborhoods classified as "hazardous" to investment; these neighborhoods have significant numbers of racial and ethnic minorities, and low-income residents. While the most well-known examples involve denial of credit and insu… off the beatle track