Question

In 1948, Michael and Janet, an African American couple with two incomes and no children, were trying to buy their dream house. They had good income and very good credit; however, the bank turned down the request for a mortgage on a house in the predominantly black neighborhood they grew up in. According to the text, what practice most likely kept them from receiving a loan?

Answer 1

Redlining.

Step-by-step explanation:

Michael and Janet both having good income and good credit, in their quest to buy their dream house their mortgage request on a house was rejected by the bank because they were from predominantly black neighborhood .This practice is known as redlining. Refusing because they live in poor area.