COLUMBIA -- State NAACP leader Lonnie Randolph said that mortgage relief plans should be helping those already damaged by subprime lending standards he called fraudulent and racially discriminatory. Blacks are following the rules of hard work and thrift to achieve the American dream of home ownership, but they have been placed in high-cost subprime loans at higher rates than whites with similar qualifications, he said. “The American dream for too many African-Americans is the American nightmare,” Randolph said.

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