Were you a victim of discriminatory lending? You may be eligible for a settlement

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by Nicole Harrell

WHAS11.com

Posted on March 11, 2013 at 6:22 PM

(WHAS11) -- The US Attorneys Office is looking for Indiana and Kentucky families who may have been victims of discriminatory lending. The case involves Countrywide Financial Corporation.

Federal officials say Countrywide discriminated against African-American and Hispanic customers by charging them higher fees and interest rates than white customers.

An investigation found the customers affected were directed into sub-prime mortgages when they were qualified for more preferable loans.

About 1300 victims are eligibile for a share of a $335-million settlement. Two-thirds of the victims have already been found but several hundred are still out there.

If you think you may be a victim call 1-800-843-5148. The deadline to file a claim is March 29.
 

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