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$335 Million Settlement On Countrywide Lending Bias $335 Million Settlement On Countrywide Lending Bias
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Old 12-21-2011
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$335 Million Settlement On Countrywide Lending Bias
The Justice Department on Wednesday announced the largest residential fair-lending settlement in history, saying that Bank of America had agreed to pay $335 million to settle allegations that its Countrywide Financial unit discriminated against black and Hispanic borrowers during the housing boom. department investigation concluded that Countrywide had charged higher fees and rates to [...]

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