* Countrywide accused of misleading investors on MBS * Largest settlement for federal MBS class action * BofA says much ...
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African-American and Latino families have been hit especially hard by economic recession. Most outrageously, these communities were also targets of many of the practices that helped cause it -- including discrimination, predatory lending and fraud.
Once again, bankers have bought their way out of being investigated without even acknowledging their wrongdoing. Justice isn't served when that happens.
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