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My name is Ann [436]
3 years ago
8

In 1948, Michael and Janet, an African American couple with two incomes and no children, were trying to buy their dream house. T

hey had good income and very good credit; however, the bank turned down the request for a mortgage on a house in the predominantly black neighborhood they grew up in. According to the text, what practice most likely kept them from receiving a loan?
Social Studies
1 answer:
Diano4ka-milaya [45]3 years ago
5 0

Answer:

Redlining.

Explanation:

Michael and Janet both having good income and good credit, in their quest to buy their dream house their mortgage request on a house was rejected by the bank because they were from predominantly black neighborhood .This practice is known as redlining. Refusing because they live in poor area.

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