September 22, 2015

City of Oakland Sues Wells Fargo Over Discriminatory Lending

On September 22, 2015, Oakland City Attorney Barbara J. Parker filed a federal lawsuit against Wells Fargo to recover damages caused by the bank’s widespread unfair and discriminatory lending practices. The lawsuit charges Wells Fargo with targeting African American and Hispanic borrowers, including minority churches and congregations, for discriminatory mortgage loans in violation of the federal Fair…

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September 21, 2015

City of Miami Gardens Files Third Amended Complaint in Bank Predation Blighted Community Case

Miami Gardens

On September 21, 2015, the City of Miami Gardens filed a Third Amended Complaint in its case against Wells Fargo & Co. and Wells Fargo Bank, N.A. over claims the banks violated the Federal Fair Housing Act by engaging in a continuous pattern of discriminatory mortgage lending practices in the city. These practices in turn…

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September 2, 2015

Court Rules Miami Can Pursue Damages from Discriminatory Banks

Miami Gardens Community Destruction

Reversing the lower court’s previous dismissal of claims, the 11th U.S. Circuit Court of Appeals has ruled that the City of Miami can pursue financial damages from lending institutions — banks — that made widespread foreclosures on homes in Miami. Hundreds of community families and individuals lost their homes because they were unable to repay unfair discriminatory mortgage…

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