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Loan Modification

: Loan Modification & Home Loan News

Wells Fargo Being Sued Over Racist, Predatory Lending Practices

By Evan Bedard

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The company said in a statement that Baltimore has claimed racist, predatory lending practices at Wells Fargo (NYSE:WFC) which they say has led to increased foreclosures for a certain demographic. The updated complaint filed on Thursday in the U.S. District Court in Baltimore includes14 new paragraphs that address concerns that led a federal judge in [...]

Full post as published by Loan Modification & Home Loan News on October 25, 2010 (boomark / email).

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