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Massachusetts Sues H&R Block Over Lending Practices
Massachusetts Sues H&R Block Over Lending Practices
Massachusetts authorities have sued H&R Block, alleging that its mortgage unit discriminated against black and Latino borrowers and escalated a foreclosure crisis in the state. The lawsuit is the first by a state in the current crisis to accuse a subprime mortgage lender of civil rights violations. The complaint says that H&R Block’s Option One unit charged black and Latino borrowers higher points and fees to close their loans than similarly situated white borrowers.
Source: http://www.democracynow.org/2008/6/5/headlines
http://democracynow.org
Massachusetts authorities have sued H&R Block, alleging that its mortgage unit discriminated against black and Latino borrowers and escalated a foreclosure crisis in the state. The lawsuit is the first by a state in the current crisis to accuse a subprime mortgage lender of civil rights violations. The complaint says that H&R Block’s Option One unit charged black and Latino borrowers higher points and fees to close their loans than similarly situated white borrowers.
Source: http://www.democracynow.org/2008/6/5/headlines
http://democracynow.org
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