Banking
Oct. 31, 2009
NAACP Enters the Foreclosure Fray
Selina Bryant's story echoes that of thousands of people who say they were ensared in the recent subprime mortgage mess, but with a twist: She says she was targeted because she's black.
Daily Journal Staff Writer
HEMET - Selina Bryant's story echoes that of thousands of people who say they were ensared in the recent subprime mortgage mess: She claims her lender, HSBC Mortgage Corp., told her the only way she could buy her $315,000 home in March 2006 was to sign up for a pair of high-interest, adjustable rate loans.
A little more than a year later, Bryant could no longer afford the combi...
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