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Attorney General Countrywide Press Conference

December 21, 2011

Attorney General Eric Holder, Department of Housing and Urban Development Secretary Shaun Donovan, Assistant Attorney General for the Civil Rights Division Thomas E. Perez, Illinois Attorney General Lisa Madigan, U.S. Attorney for the Central District of California André Birotte Jr., and Federal Reserve Governor Sarah Bloom Raskin participated in a press conference addressing a settlement with Countrywide Financial Corporation resolving the government's allegations that Countrywide and its subsidiaries – which are now owned by Bank of America – engaged in discriminatory mortgage lending practices against more than 200,000 qualified African-American and Hispanic borrowers from 2004 through 2008.

Press Release: Justice Department Reaches $335 Million Settlement to Resolve Allegations of Lending Discrimination by Countrywide Financial Corporation

Speech: Attorney General Eric Holder Speaks at the Countrywide Financial Corporation Settlement Announcement

Assistant Attorney General Thomas E. Perez Speaks at the Countrywide Financial Corporation Settlement Announcement

Prepared Remarks of Secretary Shaun Donovan During the Countrywide Settlement Press Conference