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Real Estate & Property Law

: The Home Equity Theft Reporter

Federal Judge Dismisses City Of Baltimore's "Ghetto Loans" Suit; Leaves Door Open For Amended Complaint

By r morris

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In Baltimore, Maryland, The Daily Record reports:A federal judge has dismissed the city of Baltimore?s reverse-redlining lawsuit against Wells Fargo Bank and one of its units, giving it the option to narrow its complaint or appeal. Judge J. Frederick Motz said the city can tailor its claims to specific housing vacancies or their effect on a given neighborhood, if it can show a ?plausible causal

Full post as published by The Home Equity Theft Reporter on January 07, 2010 (boomark / email).

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