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First-Quarter 2011 Mortgage Litigation Index

Mortgage Discrimination Lawsuits
First-Quarter 2011 Mortgage Litigation Index

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 Bank, NA and Wells Fargo Home Mortgage Opal Jones, individually and on behalf of all others similarly situated Superior Court of the State of California, County of Los Angeles $3,500,000 The class alleged that Wells Fargo used computer software to discriminate against minority borrowers by disallowing originators in minority neighborhoods from offering the same lower rates as their counterparts in white neighborhoods. Jones v. Wells Fargo Bank, NA, et al. BC 337821 n/a www.mortgagedaily.com/LawsuitWells032411.asp

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