(Reuters) - NEW YORK, July 12 - Four black homeowners sued
Countrywide Financial Corp. on Thursday, accusing the
largest U.S. mortgage lender of racial discrimination in its
lending practices.
In a lawsuit seeking class-action status, the Massachusetts
homeowners accused Countrywide and several affiliates of
marking up interest rates or tacking on fees after agreeing to
lend based on objective criteria such as credit histories or
home values.
Read more at Reuters.com Bonds News
Countrywide Financial Corp. on Thursday, accusing the
largest U.S. mortgage lender of racial discrimination in its
lending practices.
In a lawsuit seeking class-action status, the Massachusetts
homeowners accused Countrywide and several affiliates of
marking up interest rates or tacking on fees after agreeing to
lend based on objective criteria such as credit histories or
home values.
Read more at Reuters.com Bonds News
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