Industry News

NovaStar accused of redlining Baltimore row houses

Nonprofit files lawsuit one year after HUD complaint
Published on May 10, 2007

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by CareyBot

Subprime lender NovaStar Financial Inc. has been hit with a Fair Housing Act lawsuit charging that it refused to make mortgage loans for purchases of row houses in Baltimore. The lawsuit, filed Wednesday by the National Community Reinvestment Coalition (NCRC), ...

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