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Massachusetts sues H & R Block over its mortgage unit’s lending practices – The complaint alleges that the sub-prime division discriminated against black and Latino borrowers. From: latimes.com
Tagged: attorney, foreclosure, Massachusetts
The complaint, filed in Suffolk Superior Court, accuses H&R’s Option One Mortgage Corp. of engaging “in unfair and deceptive conduct on a broad scale.”
H&R Block was not immediately available for comment.
Martha Coakley, the state’s attorney general, who filed the suit, said H&R Block, the country’s biggest tax preparer, and its mortgage unit marketed “extremely risky loan products” and helped escalate the foreclosure crisis in Massachusetts.”*
*From: www.latimes.com/business/la-fi-loansuit4-2008jun04,0,7996544.storyDELETEME!
Traducido: usando Google o Altavista/Babel Fish
Posted on:
June 4th, 2008
Traducido: usando Google o Altavista/Babel Fish
Curation from Tomás
Filed Under: Banking, Business, Business News, Essentials, Real Estate, Top Stories, Your Money
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