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Litigation

Feb. 3, 2010

Judge Says He Will Toss Lending Bias Suit

A federal judge in Santa Ana Monday tentatively threw out legal claims against a major national bank for unfairly targeting black homebuyers for pricier loans than similarly-qualified whites during the recent housing boom.

By Jason W. Armstrong

Daily Journal Staff Writer

A U.S. judge in Santa Ana on Monday tentatively threw out legal claims against a major national bank for unfairly targeting black homebuyers for pricier loans than similarly-qualified whites during the recent housing boom.

If finalized, U.S. District Judge Andrew Guilford's order granting summary judgment for First Tennessee Bank National Association could be a blow for the ...

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