Exposing Countrywide’s Role in Redlining & Predatory Lending

🔎 How did Countrywide Financial Corporation discriminate against minority homebuyers? In this stream, we’ll break down the DOJ’s $335 million settlement, how disparate impact lending worked, and how Countrywide’s predatory mortgages fueled the 2008 financial crisis. We’ll also discuss how this case set a precedent for future housing discrimination lawsuits. Tune in to learn how mortgage lenders still use these tactics today!

📌 Topics Covered:
✔️ What was Countrywide Financial Corporation?
✔️ How African-American & Hispanic borrowers were charged higher mortgage rates
✔️ The Equal Credit Opportunity Act (ECOA) & Fair Housing Act violations
✔️ Countrywide’s role in the subprime mortgage crisis
✔️ How redlining and predatory lending still impact minority homebuyers today

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#CountrywideFinancial #MortgageDiscrimination #RedliningExposed #HousingInequality #FairHousingAct #MortgageFraud #BankOfAmericaScandal #PredatoryLending #DOJSettlement