LAUSD appeals dismissal of lawsuits against 3 banks
LA Unified is appealing a decision that threw out its lawsuits against three major banks it had accused of racially biased mortgage lending, according to Reuters. The district argues that the lending practices led to foreclosures in the Los Angeles area and a reduction in tax revenue for the district. Last month, U.S. District Judge Otis...
By Craig Clough | March 10, 2015