We mentioned briefly last week that the National Association for the
Advancement of Colored People (the NAACP) has filed a class
action suit against more than a dozen subprime
lenders in an effort to stop those lenders from engaging in what
the suit calls "systematic, institutionalized racism in making home
mortgage loans."
The NAACP suit specifically names 14
lenders: Ameriquest, Wells Fargo...
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