Wells Fargo, Philadelphia reach settlement in redlining lawsuit
Without admitting wrongdoing, the bank has agreed to contribute $10 million to city programs promoting home ownership for low- and moderate-income residents. ... Read full article
News Topic: City of Philadelphia
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Philadelphia is latest city to sue Wells Fargo for discriminatory lending
The city joins a growing list of municipalities that have filed similar lawsuits, just two weeks after the Supreme Court ruled that municipalities have standing to sue lenders under the Fair Housing Act. ... Read full article