Fair Housing Act (FH Act) Flashcards
1
Q
For FH Act violations, how long does a borrower have to sue?
A
A borrower has up to 1 year to sue.
2
Q
Inducing owners to sell by suggesting an ethic/racial group composition is changing with the implication that values will decline is what?
A
Blockbusting
3
Q
What is channeling real estate buyers or tenants to particular neighborhoods based on race?
A
Steering
4
Q
Under Fair Housing Act, what is done by lenders and led to the creation of HMDA?
A
Redlining
5
Q
What is Redlining?
A
refusal to make loans on property in a particular neighborhood for discriminatory reasons.
6
Q
What requires the housing logo with the = sign in it
A
Fair Housing Act
