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: Banking Law Prof Blog

AIG Mortgage Subsidiaries Settle Claims They Discriminated Against African American Borrowers

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The Justice Department announced a $6.1 Million settlement today with two mortgage lending subidiaries of AIG. Wilmington Finance and AIG Federal Savings Bank allegedly discriminated against approximately 2,500 African American borrowers. We need a Consumer Financial Protection Agency to deal...

Full post as published by Banking Law Prof Blog on March 04, 2010 (boomark / email).

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