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The shaky legal ground of Bank of America's new race-based mortgage program

North Carolina’s largest corporation, Bank of America, received pushback after announcing last week they created a home loan program only available in black and Hispanic neighborhoods. Legal scholars told Carolina Journal that the program appears to violate federal civil rights laws by favoring certain racial groups over others. Bank of America, however, told Carolina Journal that the loans are legal under an exception in lending law. ....

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Bank Of Canada's Turn

The dollar is bid against the Chinese yuan. Click here to know more. ....

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