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The NAACP is accusing Wells Fargo and HSBC of forcing blacks into subprime mortgages while whites with identical qualifications got lower rates and plan Class-action lawsuits Friday in federal court in Los Angeles.
Blacks were given these subprime mortgages regardless of their credit standing.
Read the entire story here: http://www.letstalkhonestly.com/blacknewsblackviews.html
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