Discrimination With A Smile: BofA Settles Unfair Lending Claims For $335 Million

Source: Chris Isidore / CNN Money NEW YORK – The Justice Department announced a $335 million settlement with Bank of America Wednesday over discriminatory lending practice at Countrywide Financial. Attorney General Eric Holder said a federal probe found discrimination against at least 200,000 qualified African American and Hispanic borrowers from 2004 to 2008, during the height [...]