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Real Estate & Property Law

: The Home Equity Theft Reporter

Judge Orders Wells To Turn Over Evidence, Execs To Appear At Depositions In City Of Baltimore "Ghetto Loans" Case

By r morris

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In Baltimore, Maryland, WJZ-TV Channel 13 reports:Baltimore has won an early battle in its lawsuit against Wells Fargo. A federal judge ruled Thursday that the lender must turn over data on its Baltimore loans and make company officials available for depositions. The city sued Wells Fargo early last year, arguing that it targeted minorities for bad loans that led to widespread foreclosures and

Full post as published by The Home Equity Theft Reporter on August 07, 2009 (boomark / email).

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