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Released: December 22, 2011
Victims in Countrywide mortgage case could get thousands
Source: Eve Tahmincioglu, MSNBC
Consumers who were victims of mortgage discrimination could get anywhere from $500 to thousands of dollars each as a result of a settlement announced Wednesday by the Justice Department.
Under the deal, Bank of America’s Countrywide Financial unit is paying a record $335 million to settle civil charges that it discriminated against minority home buyers. More than 200,000 individuals were affected and could be eligible for payments from the fund.
Read Full Article: Victims in Countrywide mortgage case could get thousands
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