tag:blogger.com,1999:blog-5504858712819625756.post3400393533131392726..comments2024-01-03T07:46:53.301-08:00Comments on Mortgage Industry Data and Statistics: H&R Block Sued by MassachusettsUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5504858712819625756.post-14319032788157251742008-11-17T21:24:00.000-08:002008-11-17T21:24:00.000-08:00Comments about Massachusetts sues H&R Block o...Comments about Massachusetts sues H&R Block over mortgages to minorities:"Massachusetts authorities sued H&R Block Inc on Tuesday, charging that its mortgage unit discriminated against black and Latino borrowers and escalated a crisis over property foreclosures in the state.The lawsuit is the first by a U.S. state to accuse a subprime-mortgage lender of civil rights violations following a wave of foreclosures of homes in poor, often black, neighborhoods nationwide.<BR/>The complaint, filed in Suffolk Superior Court, accuses H&R's subprime-lending subsidiary, Option One Mortgage Corp, of engaging "in unfair and deceptive conduct on a broad scale."<BR/>The complaint said the H&R Block unit charged black and Latino borrowers higher points and fees to close their loans than similarly situated white borrowers and targeted black and Latino consumers with marketing “that pushed the sale of predatory loan products."<BR/>-----------------------------------<BR/>joycelorenza<BR/><BR/><A HREF="http://www.addictionlink.org/drug-rehab-center/massachusetts" REL="nofollow">massachusetts drug rehab</A>joyhttps://www.blogger.com/profile/04681300346124465746noreply@blogger.com