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Friday, December 30, 2011

No end in sight for housing crisis

While the housing crisis has no end in sight, Countrywide borrowers got some satisfaction as the year ended with the largest residential fair lending suit in history as Bank of America agreeing to pay $355 million to settle allegations that Countrywide Financial used racist tactics against Black and Latino borrowers.

From: http://ping.fm/Kbr7W
Posted by at 10:50 PM
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