Chasm Between Words and Deeds IX: Bank Violations Hurt Hardest Hit Communities

Apr 03, 2013 | by
  • Description

CRC's ninth survey of 84 housing counselors and legal service providers reveals that banks are violating several consumer protections that were mandated by the $26 billion National Mortgage Settlement (NMS) and the California Homeowners Bill of Rights. In addition, the survey reveals that bank practices continue to disproportionately affect disadvantaged and hard-hit communities including limited English proficient (LEP) borrowers, widows, and people with disabilities.