Saw today that the National Community Reinvestment Coalition is suing NovaStar, claiming the subprime lending giant engaged in redlining minorities. The lawsuit by the National Community Reinvestment Coalition, a Washington, D.C. nonprofit, accused Kansas City, Missouri-based NovaStar of policies often known as “redlining.” It said NovaStar denies all loans for applications to buy row houses in Baltimore. It said this results in discrimination against African-Americans and Hispanics.
