Bank of America to pay $335M in settlement with DOJ over Countrywide discriminatory loans
https://dervishcom.blogspot.com/2011/12/bank-of-america-to-pay-335m-in.html
Bank of America has agreed to pay $335 million to resolve allegations that its Countrywide unit engaged in a widespread pattern of discrimination against qualified African-American and Hispanic borrowers.
The settlement with the U.S. Justice Department was filed Tuesday with the Central District court of California and is subject to court approval. The DOJ says it's the largest settlement in history over residential fair lending practices.
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Felicia Sonmez, William Branigin 22 Dec, 2011
Felicia Sonmez, William Branigin --
Source: http://feeds.washingtonpost.com/click.phdo?i=c72e1bb543995d91825ac32e8c7f5b04
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