A Black couple who claimed mortgage lender loanDepot denied a refinancing of their mortgage because it relied upon a racially biased, considerably low appraisal of their Baltimore home have agreed to a legal settlement in which the lender vows to …
Illinois’ most populous county is accusing Wells Fargo & Co. in a lawsuit of subjecting minority and female borrowers to discriminatory and predatory lending. Cook County’s 152-page lawsuit filed last week follows similar legal action by governments in Miami and …
The Los Angeles city attorney is suing Bank of America for mortgage discrimination it claims led to a wave of foreclosures that cost the city a fortune in extra expenses and lost taxes. The suit, filed Friday in federal court, …
The American Civil Liberties Union is filing what it says is the first lawsuit against an investment bank, Morgan Stanley, alleging discrimination for packaging subprime mortgage loans into securities. The ACLU and other plaintiffs will file the case on behalf …
