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: Loan Modification & Home Loan News

Justice Department Opens New Fair Lending Investigative Unit

By Moe Bedard

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A new unit of the Justice Department is investigating the lending practices of banks and mortgage brokers suspected of discriminating against minority borrowers. The new Fair Lending unit is going after lenders and brokers that have unfairly denied minorities access to home loans. It’s also looking to identify companies that targeted minorities for mortgages with loose [...]

Full post as published by Loan Modification & Home Loan News on January 15, 2010 (boomark / email).

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