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Redlining

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

A discriminatory practice whereby lending institutions refuse to make mortgage loans, regardless of an applicant's credit history, on properties in particular areas in which conditions are allegedly deteriorating.

The term redlining stems from some lenders' practice of using a red pencil to outline such areas. Redlining violates Civil Rights statutes.



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In addition to Inner City Opinion, they include Community Reinvestment Reporter, The Bronx Reporter, Environmental Justice Reporter, Federal Reserve Beat, and Insurance Redlining Reporter.
Unfortunately, redlining restricted delivery in predominately black neighborhoods.
Consumer advocates say the data would help them to detect redlining.
 
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