Massachusetts authorities have sued H&R Block, alleging that its mortgage unit discriminated against black and Latino borrowers and escalated a foreclosure crisis in the state. The lawsuit is the first by a state in the current crisis to accuse a subprime mortgage lender of civil rights violations. The complaint says that H&R Block’s Option One unit charged black and Latino borrowers higher points and fees to close their loans than similarly situated white borrowers.
Massachusetts Sues H&R Block Over Lending Practices
HeadlineJun 05, 2008