More On The NAACP Alleged Discrimination / Subprime Lending Lawsuit

The NAACP Federal lawsuit filed last Wednesday in an effort to stop those lenders from engaging in what it calls "systematic, institutionalized racism in making home mortgage loans" specifically names the following lenders; Ameriquest Mortgage Company, Fremont Investment & Loan, Option One Mortgage Corporation, WMC Mortgage Corporation, Long Beach Mortgage Company, Citigroup, Inc., BNC Mortgage, Inc., Accredited Home Lenders, Inc., Bear Sterns Residential Mortgage Corporation, d/b/a Encore Credit; First Franklin Financial Corporation, HSBC Finance Corporation, Washington Mutual, Inc.

For a copy of the lawsuit, see NAACP vs. Ameriquest Mortgage Corporation, et al., made available online courtesy of the NAACP.

For the NAACP press release, see NAACP Files Landmark Lawsuit Against Major Home Mortgage Companies For Discriminatory Lending.

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