Wednesday, December 21, 2011

Bank Of WHITE America?

Bank of America today agreed to pay a record $335 million to settle a lawsuit claiming they discriminated against minority home-buyers.The suit charged that Countywide (purchased by B of A) charged higher interest rates and fees to African-Americans and Hispanics and steered them to more expensive sub-prime loans even though they qualified for conventional loans.  U.S. Attorney General Eric Holder said that the investigation found a widespread pattern of discrimination against more than 200,000 people in 41 states.

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