Fair Housing Act

Question 1

214. The Civil Rights Act of 1866 prohibits public and private ______ discrimination in any property transaction in the United States.

Answer 1

racial

Question 2

215. The Civil Rights Act was later amended to Title VIII of the Civil Rights Act of 1968 and is now commonly called the ____________.

Answer 2

Fair Housing Act.

Question 3

216. The Fair Housing Act prohibits discrimination in the_____ and ______ of _____________.

Answer 3

sale and lease of residential property.

Question 4

217. The Fair Housing Act has seven (7) protected classes which are?

Answer 4

sex, race, religion, color, national origin, disability & familial status

Question 5

Which 5 of the & protected classes under the Fair Housing Act are also protected by ECOA?

Answer 5

Sex, Race, Religion, Color, National Origin

Question 6

Which of the 7 protected classes are ONLY protected by Fair Housing?

Answer 6

disability and familial status

Question 7

What is Familial status?

Answer 7

Familial status - the fact that an adult has a child 18 or younger living with him or her.

Question 8

What is redlining?

Answer 8

Redlining is the illegal practice by lenders arbitrarily denying or limiting financial services to specific neighborhoods.

Question 9

What was enacted to combat redlining and reduce discriminatory credi practices against low-income neighborhoods as well as designed to help meet the credit needs of the community?

Answer 9

Community Reinvestment Act (CRA)

Question 10

221. To further reduce redlining, the _______________ requires lenders to file report regarding all loans made during the year. Its designed to help meet the housing needs of the community.

Answer 10

Home Mortgage Disclosure Act (HMDA)

Question 11

222. The Fair Housing Act prohibits housing discrimination based on what 7 classes?

Answer 11

race, color, religion, sex, disability, familial status, and national origin.

Question 12

223. What is the illegal practice by real estate agents directing buyers into or out of certain neighborhoods based on their ethnicity or race.

Answer 12

Steering

Question 13

224. What occurs when a real estate agent spreads the rumor that a specific ethnic group is planning to move into the neighborhood and advises residents to sell before the property values drop.

Answer 13

Blockbusting

Question 14

225. Under the Fair Housing Act – A written complaint may be filed with the HUD office
     within ________ of the violation.

Answer 14

one year

Question 15

226. The Fair Housing Act requires that the ___________ slogan and/or logo
     appear on all advertising.

Answer 15

“Equal Housing Lender”