Modern-day redlining is a term which is used to describe the activities, policies, and practices
of lenders. While historical redlining was considered an explicit, legally recognized policy,
modern-day redlining looks at the institution’s location of branches, advertising efforts, and where loan officers are placed. Activities appear not to discriminate but have a discriminatory effect.
What is modern-day redlining?
Question:
What is modern-day redlining?
Answer:
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Fair and Inclusive Mortgage Lending Outreach is the premier 2023 resource guide for implementing fair lending goals. Covers modern-day redlining, appraisal equality, marketplace demographics, credit needs assessment, peer analysis, product enhancement, community outreach, and preparing for an examination. PDF format with dozens of infographics and links to resources.