1. List and discuss the major federal legislation designed to promote equity in the housing market?
2. If I own a house and advertise a room for rent, under the Fair Housing Act may I refuse to rent to an individual based on his religion? Race? Explain.
3. What is the motivation behind the Equal Credit Opportunity Act?
4. Indicate three ways in which discriminatory lending practices can be defined. How does Regulation B attempt to define such practices?
5. What are the two economic theories of discrimination?
6. Do empirical studies support the need for discriminatory lending practices? Explain.
7. Has ECOA reduced the amount of discriminatory lending practices?
8. What is the motivation behind the Home Mortgage Disclosure Act and the Community Reinvestment Act?
9. What is redlining?
10. What is FHAing?