An MLO tells an African American couple that they 'would be more comfortable' in a different neighborhood and shows them properties only in areas with similar racial demographics. This practice is called:
Correct Answer
C) Steering
Steering is the practice of directing prospective homebuyers toward or away from particular neighborhoods based on their membership in a protected class. This violates the Fair Housing Act even when presented as being helpful to the borrower.
Why This Is the Correct Answer
Steering is the practice of directing prospective homebuyers toward or away from particular neighborhoods based on their membership in a protected class. This violates the Fair Housing Act even when presented as being helpful to the borrower.
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