Recently, the U.S. District Court for the Northern District of California allowed a complaint filed by the city of Oakland against a large national bank, alleging both intentional and disparate-impact racial discrimination in the bank's mortgage loan practice. While the court allowed the suit to go forward, it did dismiss claims based on an allegation that the loan practice neutralized spending in the city's fair-housing programs.

Foreclosure News

Comments

comments

Leave a Reply

Your email address will not be published. Required fields are marked *