Hud fair housing - Study guides, Class notes & Summaries

HUD Exam - Fair Housing Exam Study Set (100% Guaranteed Pass)

HUD CERTIFICATION EXAM LATEST UPDATE Deed Restrictions - CORRECT ANSWER Legally enforceable terms that govern the use of real estate Redlining - CORRECT ANSWER The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial status of the area's residents. Civil Rights Act of 1968 - CORRECT ANSWER Following the assassination of Dr....

2nd mort/piggy back loan - Answer-lower 1st mort, avoid private morg ins, repairs, education 1896 Plessy v. Ferguson - Answer-ruled that segregation was allowed, as long as the facilities were "separate but equal" 1933 Home Owners Loan Corporation (HOLC) - Answer-Conress to avoid foreclosures during great depression/refinance mort in default 1948 Shelly v Kraemer - Answer-deed restrictions deemed illegal 1954 Brown v. Board of Education - Answer-This famous Supreme Court case over turned...

All of the following are true about Hawaii Discrimination Law EXCEPT that: A) It broadly covers all real estate transactions, including residential, industrial, and commercial. B) There is an exemption allowing discriminatory practice in the sale of a single family house when the owner does not use a real estate agent and does not use discriminatory advertising C) A written complaint must be filed with the Hawaii Civil Rights Commission within 180 days D) There is a rental exemption for an ...

HUD Housing Counseling Exam Questions and Answers 100% Pass Civil Rights Act of 1866 - Correct Answer ️️ -Federal law granting citizenship to former slaves; passed over Johnson's veto. (Race and Color) Fair Housing Act of 1968 - Correct Answer ️️ -banned discrimination in the rental or sale of housing (Race, color, religion, national origin) Housing and Community Development Act of 1974 - Correct Answer ️️ -added gender (sex) to the protected classes Fair Housing Amendments ...

Texas Principles of Real Estate I Final Exam| Questions and Verified Answers| Grade A| LATEST 2023/ 2024 Update QUESTION Which of the following is considered illegal under the Fair Housing Act...? Refusing to show properties in neighborhoods based on racial criteria Refusing to sell to a protected class Refusing to show properties in neighborhoods based on religious criteria All of the above Answer: Refusing to Sell to a Protected Class QUESTION HUD fair housi...

HUD CERTIFICATION LATEST UPDATE Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? Pay stub Retirement plan statement List of assets Current lease - CORRECT ANSWER Pay stub A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? Find ...

Practice of Real Estate Civil Rights act of 1866 prohibit racial discrimination in all conveying of real and personal property Practice of Real Estate in regards to convicted drug dealers... they are NOT covered under any condition under the federal fair housing act of 1968 and the amendment in 1988, authorized administrative law judges may now... admin law judges within HUD may now hold contested case hearings Practice of Real Estate Remedies under the new amendment include: 1) a civil ...

Who oversees RESPA? correct answers CFPB Who enforces RESPA? correct answers CFPB Who oversees ECOA? correct answers CFPB Who enforces ECOA? correct answers CFPB and FTC Who oversees TILA? correct answers CFPB Who enforces TILA? correct answers CFPB (FTC for advertisement penalties) Who oversees the National Do Not Call Registry? correct answers FCC, FTC Who enforces the National Do Not Call Registry? correct answers FTC Which law regulates the activities of consumer repo...

HUD Certification Exam Questions and Answers 100% Pass Deed Restrictions - Correct Answer ️️ -Legally enforceable terms that govern the use of real estate Redlining - Correct Answer ️️ -The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial status of the area's residents. Civil Rights Act of 1968 - Correct Answer ️️ -Following the assass...