Tuesday, August 07, 2007
Countrywide Suite Says Black Customers Charged More
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Countrywide Home Loans Inc.
A federal lawsuit has been filed and is seeking class action status against the nation's largest home lender for allegedly charging African American borrowers more for subprime mortgages. The lawsuit was filed in US Court in Boston and contends Countrywide violated federal housing discrimination laws by requiring black homeowners to pay higher fees to the network of agents that generate Countrywide's new customers.
The lawsuit claims Countrywide and its subprime subsidiary, Full Spectrum Lending Inc., charged black customers more for subprime mortgages than it charged white borrowers in similar financial situations.
Countrywide Home Loans Inc. Legal Help
If you have suffered damages in this racial discrimination case, please click the link below to send your Countrywide Home Loans complaint to a lawyer who will evaluate your claim at no cost or obligation.
Click here for legal help and a free evaluation of your possible case
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