captioning sponsored by wpbt tom: good evening, and thanks for joining us. susie gharib is off this week. i m joined by suzanne pratt. suzanne, four years after the housing market went bust there was a big settlement today over discriminatory mortgage lending practices. suzanne: tom, bank of america will pay $335 million to settle allegations its countrywide unit discriminated against minority borrowers during the housing boom. it involves black and hispanic customers who were sold higher cost loans than other homeowners. tom: in announcing the deal, the government calls it the largest residential fair-lending settlement in history. darren gersh picks up the story. reporter: the justice department alleges countrywide discriminated against minorities across the country, charging them higher fees. in the worst cases, 10,000 african american and hispanic homeowners who should have gotten prime loans were steered into higher-cost subprime loans. these allegations repres
captioning sponsored by wpbt tom: good evening, and thanks for joining us. susie gharib is off this week. i m joined by suzanne pratt. suzanne, four years after the housing market went bust there was a big settlement today over discriminatory mortgage lending practices. suzanne: tom, bank of america will pay $335 million to settle allegations its countrywide unit discriminated against minority borrowers during the housing boom. it involves black and hispanic customers who were sold higher cost loans than other homeowners. tom: in announcing the deal, the government calls it the largest residential fair-lending settlement in history. darren gersh picks up the story. reporter: the justice department alleges countrywide discriminated against minorities across the country, charging them higher fees. in the worst cases, 10,000 african american and hispanic homeowners who should have gotten prime loans were steered into higher-cost subprime loans. these allegations repres