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More than 200,000 mortgage borrowers will be entitled to a share of a $335 million settlement over alleged discriminatory lending practices by the former mega-lender Countrywide, the Justice Department has announced.

The settlement compensates African-American and Hispanic borrowers who were allegedly charged higher mortgage origination fees and interest rates than other borrowers with similar credit profiles from 2004 to 2008. It resolves a suit filed by the U.S. Justice Department claiming those borrowers were charged more due to their race or national origin, and not because they were less creditworthy or due to any other legal criteria used to assess credit risk. 

Benefits minorities pushed into subprime loans

  The Justice Department’s compliant alleged that Countrywide steered black and Hispanic borrowers into higher-priced subprime mortgages while non-Hispanic white borrowers with similar credit and financial resources obtained prime loans. The Full Post…

Robert Miller with the main City and business news as markets struggle to find an upside with German manufacturing shrinking and UK monthy retail sales falling in November; Sport Direct International sees a small dip in half time pre-tax profit but revenues rise 8.5pc to £888m; Moss Bros lifts 19 week sales by a healthy 10.5pc and Lloyds Banking Group talks to the Co-op over branch sales and chief executive Antonio Horta-Osario gets ready to return to work in January.

Hi Erica, My cat Boo is in desperate need of dental work (she needs her teeth pulled out) and the estimate the vet gave me is roughly $2,000. I don’t have nearly that amount of cash in my bank account to pay upfront and my parents won’t lend me the money. The vet was really nice though and she suggested I use their CareCredit plan. I am wondering if you think its better than putting it on my credit card. I have a card that I keep empty (I rarely use it) and I believe the interest rate is around 15 percent. Im a college student and don’t have much extra money after paying my bills so it would take me some time to repay. Im getting the surgery one way or the other, though. I’ve Full Post…

Modern technologies today allow people to take advantage of what there is in the market. The joint credit card application being offered by credit card companies today may just be one of those offers that you cannot resists. According to an expert in credit and collection, before a consumer make a research and sit in front of his/her computer, there should be enough time for the research. The process needed for the joint credit card application is so simple because it is merely filling up and application and submitting needed documents.

There are lots of credit card companies today that are actually offering joint credit card application by just merely presenting 2 valid I.Ds of the applicant.

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One of the best ways to encourage children to enjoy the arts is to let them get involved. Children naturally love creating, and putting together art — especially related to Christmas — can be a great way to keep kids busy, and help them practice their creativity.

If you are looking for some fun ways to help your child express his or her inner artist this Christmas, here are some ideas for fun things you can help them do:

Christmas Cards

Let your child help you with the Christmas cards for everyone on your list. Grandparents love receiving handmade Christmas cards from little ones. You

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