It resolved allegations that Countrywide and its subsidiaries engaged in a widespread pattern of discrimination against black and Hispanic borrowers from 2004 to 2008.
The company says the plaintiffs experts can prove a common pattern of discrimination since pay and promotion decisions are made on a store-by-store basis.
Sotomayor lodged a grievance with what was then the U.S. Department of Health, Education and Welfare, accusing Princeton of an "institutional pattern of discrimination" in admissions and in hiring "Puerto Rican and Chicano" faculty.