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: CL&P BlogReverse Redlining Predatory Lending Complaint
By Jeff Sovern
The Associated Press, via Law.com, reports here that a Texan has brought a reverse redlining predatory lending suit suit. According to the article, the plaintiff charges that she was "victimized by a loan with onerous terms because of her skin color. " Baltimore City in Maryland had previously sued a lender on a similar theory. The article doesn't indicate the authority for the reverse redlining claim (perhaps section 3605 of the Fair Housing Act?), but notes that the plaintiff is suing under HOEPA and the Texas State Constitution.
Full post as published by CL&P Blog on September 05, 2008 (boomark / email).
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