What is redlining in real estate? Redlining, both as a term and a practice, is often cited as originating with the federalHome Owners’ Loan Corporation (HOLC), a government agency created during the 1930s New Deal intended to aid homeowners who were in default on their mortgages and in ...
real estate agentsdiscriminationmortgageslendingcredit crisisredliningreverse redlininggreenliningsteeringblockbustingThis article examines the role of US real estate agents in redlining, reverse redlining, and greenlining practices. Redlining was the practice of the Federal goSzto, Mary...
8 of 14 What Is the Housing Expense Ratio? 9 of 14 What Is a Bidding War? 10 of 14 What Is the First-Time Homebuyer's Credit? 11 of 14 What Is Redlining? 12 of 14 What Is Steering in Real Estate? 13 of 14 What Is the Fair Housing Act? 14 of 14 Related...
Redlining, illegal discriminatory practice in which a mortgage lender denies loans or an insurance provider restricts services to certain areas of a community, often because of the racial characteristics of the applicant’s neighbourhood. Redlining pract
today. Black families have lost out on at least $212,000 in personal wealth over the last 40 years because their home was redlined, said real estate app Redfin. Where does the word come from? The term redlining is a nod to how lenders identified and referenced neighborhoods with a ...
They also argue that insurance redlining--overcharging or denying coverage in certain neighborhoods, sometimes defined literally by red lines drawn on a map--restricts housing opportunities as surely as redlining by bankers or real estate agents. ...
I The PCRG is a citywide Community Reinvestment Act (CRA) coalition of nonprofit community-based organizations that represent homeowners, renters, small business owners, real estate developers and other property owners in Pittsburgh's low- and moderate-income and African-American neighborhoods. With ...
In the 1930s, the federal government began redlining real estate, delineating “risky” neighborhoods for federal mortgage loans based on the race of the residents. The result of this redlining in real estate could still be felt decades later. In 1996, homes in redlined neighborhoods were wort...
Economists commonly control for neighborhood indicators, such as median income, in underwriting models that test for redlining. Many such indicators are hi... Y Li,E Rosenblatt - 《Real Estate Economics》 被引量: 79发表: 1997年 Financing Home Ownership These policies combined with racial discrimin...
Three types of zoning ordinances are mentioned including a ban on superstores selling groceries, a conditional-use permit (CUP), and an economic impact statement with mitigation.WallAssistantPatriciaAssistantS.AssistantEBSCO_bspReal Estate Issues