Module 9 Flashcards
Civil Rights Act of 1866
The first and primary law guaranteeing equal rights to all U.S. citizens; prohibits all discrimination based on race and color
Blockbusting
The illegal practice of inducing homeowners to panic sell their properties by making representations regarding the entry or prospective entry of minority persons into the neighborhood
Texas Fair Housing Act
A “substantially equivalent” fair housing law that allows complaints to be heard by the Texas Commission on Human Rights or in-state courts
Equal Credit Opportunity Act
A federal law to ensure that funds are available to qualified loan applicants without discrimination on the basis of race, color, religion, sex, national origin, age, martial status or receipt of public assistance
Civil Rights Act of 1968
A federal law to prevent discrimination in housing because of race, color, religion, or national origin in the selling of homes or apartments and in other specified transactions; amended in 1974 to add sex and again in 1988 to include handicap and familial status in categories covered by the act (also known as the Fair Housing Act)
Reasonable Accommodation
A change to a rule, policy, practice, or service for a handicapped person to be able to use housing that must be made by a landlord if necessary.
Americans With Disabilities Act (ADA)
A federal law prohibiting discrimination against people with disabilities by denying them the full and equal enjoyment of goods, facilities, accommodations, services, and privileges
Community Reinvestment Act
The federal law that requires federally-regulated lenders to describe the geographical market area they serve. Deposits from that area are to be reinvested in that area, whenever practical; passed to ensure that banks would serve the needs of the community in which they were charted to conduct business
Steering
The illegal practice of directing buyers into or away from certain areas because of their race, color, etc.; also knowing as Channeling
VAMA
A Voluntary Marketing Agreement that is negotiated between HUD and national associations that represent the housing industry promoting equal housing opportunities for all
Consumer Financial Protection Bureau
The federal agency that is responsible for enforcing federal consumer financial law
Fair Credit Reporting Act
A federal law designed to protect consumers against unfair credit reporting practices and protect credit privacy
Taking buyers or renters to or away from a particular area based on race, religion, etc.
Steering
Prohibits redlining by banks
Community Reinvestment Act
Any attempt to induce panic selling in a neighborhood for financial gain
Blockbusting
Governs consumer reporting agencies and those who access consumer credit reports
Fair Credit Reporting Act
Each credit applicant must be evaluated based on the same information as every other applicant
Equal Credit Opportunity Act
This was a court case where the Supreme Court reaffirmed and ruled that the Civil Rights Act of 1866 prohibits discrimination based on race or color, without exception.
Jones v Alfred H Mayer Company (1968)
______________ is taking buyers or renters to/away from a particular area based on the race, religion, etc. of the buyer or renter. This is the most common cause for complaint under the law.
Steering (also known as Channeling)
A judge may award a Civil (not criminal) penalty up to $____________ for a fair housing violation.
$150,000
It is a good practice in advertising to describe…
Property
It isn’t good practice to advertise using descriptions of people, families or proximity to religious facilities.
Under the Fair Housing Act, violations can be up to:
$150,000
When someone files a discrimination complaint with HUD, HUD will first attempt to:
resolve the complaint through conciliation
The Texas Fair Housing Act was passed in…
1989
The Americans with Disabilities Act prohibits discrimination against those with disabilities by denying:
equal enjoyment of goods and facilities
All of the following are exempt from ADA except:
Historic buildings
single family homes
retail space
private clubs
retail space
The CFPB is responsible for:
enforcing federal consumer financial laws
_______________ is a practice of refusing to provide financing in a particular area because of location.
Banks can be found guilty of redlining.
Redlining
The Fair Credit Reporting Act protects consumers from…
unfair credit reporting practices
The Equal Credit Opportunity Act prohibits discrimination in:
lending
The Community Reinvestment Act says lenders cannot:
redline
Any attempt to induce panic selling in a neighborhood for financial gain is known as .
blockbusting
While there are some exceptions to the application of subsequent fair housing laws (1968 law), the provides for no exceptions whatsoever.
Civil Rights Act of 1866
Prohibition against discriminatory advertising applies to _____________ and owner-occupied housing that is otherwise exempt from the Fair Housing Act.
single-family
If a case goes to an administrative hearing, _____________ attorneys will litigate the case, and an administrative law judge will consider the evidence.
HUD
The prohibits discrimination in lending based on race, color, religion, national origin, sex, marital status, age or the receipt of income from a public assistance program.
ECOA
The has the authority to examine and enforce consumer protection regulations for all mortgage-related businesses, large non-bank financial companies, and banks and credit unions with assets greater than $10 billion.
CFPB
In addition to the Federal Fair Housing Act, Texas passed the in 1989, which closely parallels the federal law.
Texas Fair Housing Act
Blockbusting is also known as .
Panic Peddling
