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Chevy Chase Bank to Pay Minority Borrowers $2.85 Million

by Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA) – Chevy Chase Bank agreed to pay $2.85 million to Black and Latino borrowers, following allegations of discriminatory home lending practices. The Maryland-based bank joins Wells Fargo and Bank of America as banking institutions that paid out million dollar settlements in class action lawsuits following the housing […]