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Redlining in Alabama is:

Correct Answer

B) Illegal — denying financial services based on the racial or ethnic composition of a neighborhood

Redlining is illegal under the Fair Housing Act, ECOA, and CRA. It involves refusing to provide financial services based on neighborhood demographics.

Answer Options
A
A legal lending practice
B
Illegal — denying financial services based on the racial or ethnic composition of a neighborhood
C
A property boundary term
D
Required by state law

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Related Topics & Key Terms

Related Topics:

Fair Housing ActSteeringBlockbustingECOACommunity Reinvestment ActDiscriminatory appraisal

Key Terms:

redliningFair Housing Actdiscriminationneighborhood demographicsECOACRA

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