Posts Tagged ‘ housing ’

Housing and Race: The Continuing Crisis

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By John Payton
Editor’s Note: These remarks were delivered by John Payton, President and Director Counsel of the NAACP Legal Defense and Educational Fund Monday to conference of the National Housing Law Project in Washington.



PrimeLending Settles Federal Discrimination Complaint

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By Doug Miller
Facing prosecution by the U.S. Department of Justice (DOJ), national mortgage lender PrimeLending has agreed to pay $2 million to African-American home buyers who the federal agency says were unfairly charged higher interest rates because of their race.



AIG Lenders Pay For Discriminating Against Blacks

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By Doug Miller
Two subsidiaries of American International Group Inc. (AIG), the “ too big to fail” insurer that received one of the biggest slices of the federal financial services bailout, will pay more than $6 million to settle allegations that they discriminated against African Americans by charging them higher fees for mortgages transacted during a period from 2003 to 2006.



Red-lining in Reverse: New Federal Unit to Fight Bias in Lending

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By Doug Miller
Federal officials say the Obama administration is moving to aggressively combat discriminatory lending practices that have long undermined the ability of black and Latino Americans to become homeowners.