Blockbusting was a business process of U.S. real estate agents and building
developers to ... Given then-standard banking criteria for mortgage-lending, black
people usually did not qualify for mort...
Definition of blockbusting: The illegal and discriminatory practice of helping
ethnic or minority individuals into predominantly non-ethnic or minority-
Mar 3, 2015 ... Mortgage brokers who had previously served as the gatekeepers of ... cheating
blacks, who were buying these homes at above-market rates.
Racial discrimination was institutionalized in the real estate industry during the
1920s and was well ... According to Charles Lamb (2005), Federal Housing
Administration mortgage insurance primarily helped middle-class ... “
Blockbusting” refers to the efforts of real estate agents and real estate speculators
to .... References.
appraisal maps, adopted by the mortgage industry, which colored those ... from
white to black because of real estate steering, block-busting and white flight.
Jun 4, 2011 ... In this paper we offer a conceptualization of mortgage foreclosure as serial ...
These structures include racism, class reproduction, market ..... blockbusting, and
now predatory lending and mortgage foreclosure, .... References.
(Note that asset value is determined by current market value, not original cost) ...
for a down payment on a home; Ability to qualify for a home mortgage loan (co-
signer?) ... Explain the terms "white flight," "blockbusting" and racial "steering. ....
Review college financial aid applications for references to a...
Oct 15, 2014 ... Governmental actions in support of a segregated labor market .... the Federal
Housing Administration would not insure mortgages for African ..... As Joseph
Heathcott, a scholar of the St. Louis urban landscape, has observed (referring to
..... In St. Louis, blockbusting began as the ghetto expanded, and then ...
Mortgage Availability in Racially Transitional Areas, Report of Chicago Commis-
... tions regarding the "changing neighborhood," often without reference ...
blockbusting episode in Chicago, resale prices exceeded fair market value by
real estate blockbusting in determining the timing, pace, and mag- nitude of racial
... real estate market and the racially segregative effects of federal housing policy.
Second .... has generated an “explosion of spaces” with reference to the diverse
ways ... and others demonstrate the continuing significance of mortgage and in-.