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Mortgage Discrimination Lawsuits Third Quarter 2009 Mortgage Litigation Report

Mortgage Daily

Published On: November 16, 2009
Mortgage Discrimination Lawsuits
Third Quarter 2009 Mortgage Litigation Report

Class actions and lawsuits related to lending discrimination involving minorities, neighborhoods and property types.

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Link to StoryLink to Story
Wells Fargo and Company; Wells Fargo Bank, N.A.; Wells Fargo Financial Illinois, Inc. Attorney General of Illinois In the Circuit Court of Cook County, Illinois, County Department, Chancery Division n/a Companies allegedly discriminated against black and Hispanic borrowers by steering them into high-rate subprime loans while white borrowers with similar incomes received lower-cost loans. Illinois v. Wells Fargo & Co. et al. 09CH26434 7/31/2009 www.mortgagedaily.com/Lawsuits081909.asp

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