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.

Posted on: June 4th, 2008
Filed Under: [ Business ] [ Top Stories ] [ Real Estate ] [ Your Money ] [ Blogante Business ] [ Blogante Essentials ] [ Massachusetts ]
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“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: http://www.latimes.com/business/la-fi-loansuit4-2008jun04,0,7996544.storyDELETEME!
Traducido: usando Google o Altavista/Babel Fish

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