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NAACP Files Landmark Lawsuit Against Major
Home Mortgage Companies For Discriminatory Lending
Listen to Austin Tighe being interviewed about the case on WBEZ.org Click Here

Feazell & Tighe has been hired by the NAACP to bring a federal class action lawsuit against twelve of the country’s largest subprime mortgage lenders. The lawsuit alleges that these lenders are engaged in systematic, institutionalized racism in making high interest rate loans to African American borrowers even when they qualify for the lower rate loans given to their Caucasian counterparts. To read more about the lawsuit, please click on the links below.

Discrimination hits home: The debacle over poorly regulated subprime mortgages disproportionately affects minorities (Houston Chronicle)

Financial Apartheid: Subprime Mortgage Lending and the Failed Promise of Sustainable Homeownership for People of Color (NAACP.org)

NAACP Second Amended Complaint (PDF) Part 1, Part 2, Part 3, Part 4

NAACP Lawsuit Action Alert Flyer (PDF)

NAACP Press Release-Predatory Lending Lawsuit (PDF)

NAACP Convention during the Press Conference on July 11, 2007


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