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Lenders Enter Into Talks Over NAACP Charges

Law360 (September 24, 2007, 12:00 AM EDT) -- Three months after filing suit against some of the nation's top mortgage lenders, the NAACP has met with several of the defendants in hopes of resolving charges of racial discrimination in the subprime loan arena without having to slug it out in court.

On Monday, plaintiffs' attorney Austin Tighe of Feazell & Tighe LLP, confirmed that the NAACP was in discussions with some of the 11 lenders that have been targeted in the racial bias litigation.

“We are meeting with a number of the lenders —...
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