NEW YORK: Mortgage lender to compensate minorities The Charlotte Observer
Countrywide Financial Corp., the biggest U.S. mortgage lender, will compensate minority borrowers in New York who were charged more for loans than whites with similar financial profiles, state Attorney General Eliot Spitzer said.
Home Lender to Repay Minority Buyers New York Times
The New York attorney general, Eliot Spitzer, said yesterday that the Countrywide Financial Corporation, a large mortgage lender, would adopt measures to prevent discriminatory pricing for minority borrowers.
Major lender cuts bias deal / Countrywide agrees to pay Latinos, blacks San Francisco Chronicle
Countrywide Financial Corp., the nation's largest mortgage lender, will compensate as many as 4,500 black and Hispanic borrowers under an agreement announced Tuesday with New York Attorney General Eliot Spitzer. The agreement ends the attorney general'
Wells Fargo to Launch Mortgage Program Washington Post
SAN FRANCISCO -- Wells Fargo & Co. is launching a new program to help mortgage borrowers with poor credit records improve their plight _ and help the bank shake off years of accusations depicting it as a predatory lender.
Mortgage broker reveals lender secrets Reno Gazette-Journal
There are two primary reader audiences for "Real Estate Debt Can Make You Rich" by mortgage broker Steve Dexter. The first group of readers will be savvy home buyers and real estate agents who want to learn the inner-secret workings of the home mortgage industry.
Home lender Sebring is closing offices Dallas Morning News
Sebring Capital Partners LP has shut down, according to the company's Web site, which said the Carrollton-based wholesale mortgage lender employed 325 people.
Countrywide Reaches Deal After Bias Probe Washington Post
Countrywide Financial Corp., the nation's largest mortgage lender, will compensate as many as 4,500 black and Hispanic borrowers under an agreement announced yesterday with New York Attorney General Eliot L. Spitzer.
NovaStar Sells $1.25B in Loans AP via Yahoo! Finance
Mortgage lender NovaStar Financial Inc. said Wednesday that one of its subsidiaries has completed the securitization and sale of $1.25 billion of non-conforming mortgage loans.
Getting a Mortgage with Bad Credit Hope Star
(ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the lower your credit score, the harder it will be for you to secure a mortgage.
Is homeowner entitled to emotional distress damages from mortgage lender? Reno Gazette-Journal
George and Barbara Dawson purchased their home "subject to" a first mortgage with Great Western Bank, a predecessor of Washington Mutual Bank (WaMu), one of the nation's largest home loan lenders. The loan fell into default for nonpayment.
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