KQED Nightly Business Report December 22, 2011
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 ...