127k views
2 votes
The practice of refusing mortgages for houses in poor and minoritiy neghborhoods is called:

User SnigJi
by
4.6k points

1 Answer

4 votes

Answer:

Red lining

Step-by-step explanation:

Red lining - it is term used in united state for refusal of service to the specific community or neighborhoods on the basis of racial discrimination by any false mean.

The one main source of redlining is the bank institution that refuse or raise the mortgages to the neighborhoods of certain composition.

User AvMishra
by
4.3k points