Litigation
Mar. 21, 2012
Wells Fargo, borrowers reach confidential settlement
A group of black and Hispanic borrowers who claimed that Wells Fargo Bank NA discriminated against them in its home loan practices have settled their case.
By Jill Redhage
Daily Journal Staff Writer
Six months after a federal judge denied class certification to a group of black and Hispanic borrowers who claimed that Wells Fargo Bank NA discriminated against them in its home loan practices, the parties have settled the case, asking on Monday that it be dismissed. The details of the settlement are confidential. In Re: Wells Fargo Mortgage Lending Practices Litigation, 08-md-01930 (N.D. Cal., April 10, 2008). U.S. District Judge...
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