BofA's Countrywide to pay $335 million over bias case (Reuters)

Started by newswarrior, Dec 22, 2011, 01:02 PM

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newswarrior

Dec 22, 2011, 01:02 PM
Reuters - Bank of America Corp's Countrywide Financial unit agreed on Wednesday to pay a record $335 million to settle civil charges that it discriminated against minority homebuyers, an historic settlement for the Obama administration in the wake of the subprime mortgage morass.

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