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Home » Store » News » Discretionary Pricing Lands California Lender in Hot Water

Discretionary Pricing Lands California Lender in Hot Water

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A California mortgage lender is accused of discriminatory pricing in federal district court for allegedly overcharging Hispanic borrowers for home loans without reasonable justification. The Federal Trade Commission, which brought the lawsuit May 7, accused Golden Empire Mortgage and owner Howard Kootstra of violating the Equal Credit Opportunity Act and its implementing...
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