Home Loan Company Pays $335 Million For Racial Discrimination

Countrywide Financial, which is owned by Bank Of America will have to pay $335 million to more than 200,000 people who were discriminate against due to their race.

The Department Of Justice found that Countrywide Financial charged African Americans and Hispanics higher interest rates and steered them towards risky and expensive subprime mortgages between 2004 and 2008.

MSNBC reports:

“In today’s settlement with Countrywide Financial Corporation, we resolved the government’s allegations that Countrywide and its subsidiaries – which are now owned by Bank of America – engaged in discriminatory mortgage lending practices against more than 200,000 qualified African-American and Hispanic borrowers from 2004 through 2008,” U.S. Attorney General Eric Holder said in a statement.

Holder said that the investigation found a widespread pattern of discrimination against more than 200,000 people in more than 180 geographic markets across 41 states and the District of Columbia.

“These allegations represent alarming conduct – by one of the largest mortgage lenders in this country, during the height of the housing market boom,” he added.

Lamplighter Awards 2017! [PHOTOS]

Launch gallery

Lamplighter Awards 2017! [PHOTOS]

1. Lamplighter Awards 2017 - BeBe Winans

Source:Glenn Parsons 1 of 100

2. Lamplighter Awards 2017 - BeBe Winans

Source:Glenn Parsons 2 of 100

3. Lamplighter Awards 2017 - BeBe Winans

Source:Glenn Parsons 3 of 100

4. Lamplighter Awards 2017 - BeBe Winans

Source:Glenn Parsons 4 of 100

5. Lamplighter Awards 2017 - BeBe Winans

Source:Glenn Parsons 5 of 100

6. Lamplighter Awards 2017 - Erica Campbell

Source:Glenn Parsons 6 of 100

7. Lamplighter Awards 2017 - Erica Campbell

Source:Glenn Parsons 7 of 100

8. Lamplighter Awards 2017 - Erica Campbell

Source:Glenn Parsons 8 of 100

9. Lamplighter Awards 2017 - Erica Campbell

Source:Glenn Parsons 9 of 100

10. Lamplighter Awards 2017 - Erica Campbell

Source:Glenn Parsons 10 of 100

11. Lamplighter Awards 2017 - J.J. Hairston & Youthful Praise

Source:Glenn Parson 11 of 100

12. Lamplighter Awards 2017 - Isabel Davis

Source:Glenn Parsons 12 of 100

13. Lamplighter Awards 2017 - J.J. Hairston & Youthful Praise

Source:Glenn Parson 13 of 100

14. Lamplighter Awards 2017 - J.J. Hairston & Youthful Praise

Source:Glenn Parson 14 of 100

15. Lamplighter Awards 2017 - J.J. Hairston & Youthful Praise

Source:Glenn Parson 15 of 100

16. Lamplighter Awards 2017 - J.J. Hairston & Youthful Praise

Source:Glenn Parson 16 of 100

17. Lamplighter Awards 2017 - J.J. Hairston & Youthful Praise

Source:Glenn Parson 17 of 100

18. Lamplighter Awards 2017 - J.J. Hairston & Youthful Praise

Source:Glenn Parson 18 of 100

19. Lamplighter Awards 2017 - Luther Barnes

Source:Glenn Parson 19 of 100

20. Lamplighter Awards 2017 - J.J. Hairston & Youthful Praise

Source:Glenn Parson 20 of 100

21. Lamplighter Awards 2017 - James Fortune

Source:Glenn Parson 21 of 100

22. Lamplighter Awards 2017 - James Fortune

Source:Glenn Parson 22 of 100

23. Lamplighter Awards 2017 - James Fortune

Source:Glenn Parson 23 of 100

24. Lamplighter Awards 2017 - Luther Barnes

Source:Glenn Parson 24 of 100

25. Lamplighter Awards - Ruth LaOntra

Source:Glenn Parson 25 of 100

26. Lamplighter Awards - Ruth LaOntra

Source:Glenn Parson 26 of 100

27. Lamplighter Awards - Ruth LaOntra

Source:Glenn Parson 27 of 100

28. Lamplighter Awards - Ruth LaOntra

Source:Glenn Parson 28 of 100

29. Lamplighter Awards 2017 - Harvey Watkins, Jr. & The Canton Spirituals

Source:Glenn Parson 29 of 100

30. Lamplighter Awards 2017 - Harvey Watkins, Jr. & The Canton Spirituals

Source:Glenn Parson 30 of 100

31. Lamplighter Awards 2017 - James Fortune

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32. Lamplighter Awards 2017 - Harvey Watkins, Jr. & The Canton Spirituals

Source:Glenn Parson 32 of 100

33. Lamplighter Awards 2017 - Troy Sneed

Source:Glenn Parson 33 of 100

34. Lamplighter Awards 2017 - Troy Sneed

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35. Lamplighter Awards 2017 - Troy Sneed

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36. Lamplighter Awards 2017 - Troy Sneed

Source:Glenn Parson 36 of 100

37. Lamplighter Awards 2017 - Troy Sneed

Source:Glenn Parson 37 of 100

38. Lamplighter Awards 2017 - Zacardi Cortez

Source:Glenn Parson 38 of 100

39. Lamplighter Awards 2017 - Zacardi Cortez

Source:Glenn Parson 39 of 100

40. Lamplighter Awards 2017 - Zacardi Cortez

Source:Glenn Parson 40 of 100

41. Lamplighter Awards 2017 - Zacardi Cortez

Source:Glenn Parson 41 of 100

42. Lamplighter Awards 2017 - Harvey Watkins, Jr. & The Canton Spirituals

Source:Glenn Parson 42 of 100

43. Lamplighter Awards 2017 - James Fortune

Source:Glenn Parson 43 of 100

44. Lamplighter Awards 2017 - Isabel Davis

Source:Glenn Parsons 44 of 100

45. Lamplighter Awards 2017 - Isabel Davis

Source:Glenn Parsons 45 of 100

46. Lamplighter Awards 2017 - Isabel Davis

Source:Glenn Parsons 46 of 100

47. Lamplighter Awards 2017 - Luther Barnes

Source:Glenn Parson 47 of 100

48. Lamplighter Awards 2017 - Luther Barnes

Source:Glenn Parson 48 of 100

49. Lamplighter Awards 2017 - Maurette Brown Clark

Source:Glenn Parson 49 of 100

50. Lamplighter Awards 2017 - Maurette Brown Clark

Source:Glenn Parson 50 of 100

51. Lamplighter Awards 2017 - Maurette Brown Clark

Source:Glenn Parson 51 of 100

52. Lamplighter Awards 2017 - Maurette Brown Clark

Source:Glenn Parson 52 of 100

53. Lamplighter Awards 2017 - Maurette Brown Clark

Source:Glenn Parson 53 of 100

54. Lamplighter Awards -- Blue Carpet and Sponsor Reception

Source:Glenn Parson and Delmas Cooper 54 of 100

55. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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56. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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57. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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58. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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59. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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60. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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61. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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62. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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63. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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64. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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65. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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66. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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67. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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68. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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69. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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70. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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71. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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72. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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73. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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74. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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75. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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76. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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77. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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78. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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79. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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80. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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81. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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82. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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83. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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84. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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85. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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86. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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87. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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88. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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89. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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90. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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91. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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92. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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93. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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94. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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95. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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96. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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97. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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98. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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99. Lamplighter Awards -- Blue Carpet and Sponsor Reception

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100. Lamplighter Awards -- Blue Carpet and Sponsor Reception

Source:Glenn Parson and Delmas Cooper 100 of 100