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Real Estate & Property Law

: The Home Equity Theft Reporter

NAACP To Drop Suit Against Wells Fargo Alleging Institutionalized, Systemic Racism In Its Subprime Mortgage Lending Practices

By r morris

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The Wall Street Journal reports:The National Association for the Advancement of Colored People agreed to drop a predatory-lending lawsuit against Wells Fargo & Co. in exchange for access to loan data. The pact, set to be announced on Thursday, marks a more conciliatory approach from the fourth-largest U.S. bank in assets as it works to eliminate legal headaches resulting from the housing

Full post as published by The Home Equity Theft Reporter on April 08, 2010 (boomark / email).

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