Fair Housing Act news and trends

Wells Fargo Predatory Lending Lawsuit Allowed to Proceed

March 28, 2018
Quick Reads
Wells Fargo Predatory Lending Lawsuit Allowed to Proceed

March 28, 2018
A federal judge has ruled that a lawsuit against Wells Fargo & Co. can proceed. The lawsuit accuses the third-largest U.S. bank of predatory mortgage lending targeting black and Hispanic borrowers in the Chicago area. According to Reuters, U.S. District Judge Gary Feinerman ruled that Illinois’ Cook County can proceed with its federal Fair Housing […]