Housing-Bias Accord Scuttles U.S. Supreme Court Case

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The settlement of a New Jersey housing-bias lawsuit scuttles a U.S. Supreme Court showdown that might have shielded lenders from discrimination suits pressed by the Obama administration.

The Supreme Court had been set to hear arguments next month in the case, a clash between the town of Mount Holly and residents who sued over the redevelopment of a predominantly minority neighborhood. The Mount Holly town council yesterday approved settlement of the dispute.