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New England News
8:00 pm
Fri August 24, 2012

MA Victims of Discriminatory Lending Receive Payments

Minority mortgage borrowers in Massachusetts affected by discriminatory lending practices have received payments as part of a $1.75 million settlement. WAMC’s Lucas Willard reports…

State Attorney General Martha Coakley said Friday that 2,100 affected borrowers will receive checks ranging from $100 to $5,000 as part of a settlement with Sand Canyon, an H&R Block subsidiary, formerly known as Option One. A total of $1.75 million in payments has been disbursed to minority borrowers, Coakley's office said.

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