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Real Estate & Property Law

: The Home Equity Theft Reporter

City Of Memphis Joins Shelby County; Gives Go-Ahead For Discrimination Suit Targeting Major Home Lenders

By r morris

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In Memphis, Tennessee, Memphis Commercial Appeal reports: City Council members on Tuesday approved a resolution authorizing the city to file suit against national lenders who they say created a foreclosure crisis in Memphis and Shelby County that disproportionately affected African-Americans.The resolution alleges lenders engaged in "deceptive" and "discriminatory" lending practices targeted at

Full post as published by The Home Equity Theft Reporter on January 08, 2009 (boomark / email).

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