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Real Estate & Property Law

: The Home Equity Theft Reporter

City Of Baltimore/Wells Fargo "Ghetto Loans" Case May Be On Shaky Ground; Judge Questions City's Ability To Prove Huge Losses To Neighborhoods

By r morris

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In Baltimore, Maryland, The Baltimore Sun reports:A federal judge raised doubts Monday about the city's ability to prove huge financial losses from houses left vacant by Wells Fargo foreclosures, the latest development in a landmark civil suit alleging a pattern of racially based, discriminatory lending by the mortgage broker. U.S. District Judge J. Frederick Motz said he might pare the case, if

Full post as published by The Home Equity Theft Reporter on December 16, 2009 (boomark / email).

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