Predatory Lending News: U.S. District Judge Gary Feinerman has ruled that Illinois’ Cook County can proceed with its federal Fair Housing Act claims against Wells Fargo. The lawsuit accuses the.
Chicago can pursue part of Wells Fargo predatory lending case.. of predatory mortgage lending targeting black and Hispanic borrowers in the Chicago area.. The lawsuit began in November 2014.
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Wells Fargo (WFC) secured a victory in court Friday, when a U.S. District Judge dismissed a lawsuit brought against the lender by Cook County, Illinois, which accused the bank of predatory lending.
I n a federal lawsuit, Philadelphia accuses Wells Fargo & Co. of issuing predatory loans to more than 1,000 Black and Latino homebuyers in the city since 2004, The Philadelphia Inquirer reports.
Wells. targeting Chicago-area minority borrowers with high-cost home loans. The case is City of Los Angeles v. Wells Fargo & Co., 13-cv-9007, U.S. District Court, Central District of California.
Friday’s competition drew a boozy sold-out crowd to the Wells Fargo Arena, which has a capacity of 19,500. Spectators spectators tailgated beforehand outside the city’s sports arena, then packed the.
By Jonathan Stempel (Reuters) – Wells Fargo & Co was sued on Friday by Cook County, Illinois, which accused the largest U.S. mortgage lender of targeting black, Hispanic and female borrowers with predatory and discriminatory lending in the Chicago area. The lawsuit is the latest accusing major banks
A federal judge in Philadelphia on Tuesday rejected Wells Fargo & Co’.s bid to dismiss that city’s lawsuit accusing the largest U.S. mortgage lender of predatory lending targeting black and Hispanic borrowers. U.S. District Judge Anita Brody said Philadelphia may pursue claims that the bank’s.
Scandals continue to buffet Wells Fargo & Co (NYSE: WFC) with each new accusation of misconduct, whether it’s predatory lending, what board members knew about fake customer savings accounts or.
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Chicago may now only pursue part of its initial claim against Wells Fargo in a predatory mortgage lending lawsuit after a federal judge dismissed several of its claims, Reuters has reported.
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