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Posts Tagged ‘ Countrywide Financial Corp ’

Bank of America Faces Lawsuit, Title of ‘Chicago’s Biggest Forecloser’

Bank of America Faces Lawsuit, Title of ‘Chicago’s Biggest Forecloser’

A news report from Curtis Black, Community Media Workshop Bank of America has objected that a new lawsuit by the Illinois attorney general – charging that the bank’s subsidiary, Countrywide Financial Corp., discriminated by steering minority homebuyers into risky subprime loans – covers practices prior to BoA’s takeover of Countrywide in 2008. But those same...
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