Monday, July 16, 2007

More On The Boston Alleged Discrimination / Subprime Lending Lawsuit

The lawsuit filed by three African-American mortgage borrowers accusing Countrywide Home Loans Inc. of racial discrimination in a Boston Federal Court last Thursday also names as defendants Countrywide Bank (a division of Treasury Bank, N.A.), Countrywide Correspondent Lending, Full Spectrum Lending, Inc., Loans For Residential Homes Corp., and Summit Mortgage LLC.

Representing the plaintiffs is attorney Gary Klein with the Boston, Massachusetts consumer protection law firm Roddy Klein & Ryan, the Chicago, Illinois law firm Miller Law LLC, the Long Island firm of Lerach Coughlin Stoia Geller Rudman & Robbins LLP, of Melville, New York, and the Boston office of the firm Hagens Berman Sobol Shapiro LLP, based in Seattle, Washington.

For a copy of the lawsuit, see Miller, et al. vs. Countrywide, et al.

Go here, Go here and Go here for more on recent Countrywide problems with consumers.

Go here and go here for other posts on alleged race bias in real estate transactions. race bias predatory lending countrywide pressure yak