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The "Scottsboro Stories" blog reflects the writings, photographs, arrangements, opinions and musings of me, Garry L. Morgan, only. I do not represent the Scottsboro Boys Museum or the Scottsboro Multicultural Foundation - the parent organization of the Scottsboro Boys Museum. I receive no profit from this endeavor. This blog is for educational purposes and that of open expression about racial and sexual discrimination, institutional and personal racism and the deadliest war of all time - "The Culture War."


SCOTTSBORO BOYS MUSEUM & CULTURAL CENTER OPENING STORIES

The Ledger: "Scottsboro, Ala., Museum Opens to Mark a Shameful Case " http://www.theledger.com/article/20100221/NEWS/2215011


Wednesday, December 21, 2011

Home Mortgage Discrimination Case - Racism in America


"Bank of America Corp's Countrywide Financial unit agreed on Wednesday to pay a record $335 million to settle civil charges that it discriminated against minority homebuyers." http://www.msnbc.msn.com/id/45755576/ns/business-us_business/t/bofa-million-settlement-us-over-bias-case/from/toolbar
New York, NY July 2, 2008-- On the NAACP’s National Day of Action, State Senator [Kevin] Parker  joined the NAACP Brooklyn Branch and other elected officials on the city hall steps to fight against discriminatory mortgage lending. http://www.nysenate.gov/news/senator-parker-fights-against-mortgage-discrimination

Reuters via The "Globe & Mail"- The settlement covers conduct between 2004 and 2008 before the acquisition by Bank of America, and involves a range of alleged wrongdoing including charging African-Americans and Hispanics higher interest rates and fees than non-minorities.

Minorities also were steered to more expensive subprime loans even though they were qualified for traditional mortgage rates. Justice Department officials said it was the largest residential discrimination settlement in U.S. history.


“The victims had no idea they were being victimized. They were thrilled to have gotten a loan and realize the American dream,” Thomas Perez, head of the Justice Department’s civil rights division, told reporters. “This is discrimination with a smile.” http://www.theglobeandmail.com/globe-investor/b-of-a-to-pay-record-settlement-in-mortgage-discrimination-case/article2279306/