nmThe nation’s largest home lender Wells Fargo & Co. has been accused of discriminating against minority borrowers by routing them into sub-prime mortgages.
The Illinois state attorney general filed a lawsuit with a charge that the bank sold the more costly mortgages more often to blacks and Latinos as compared with whites with similar incomes. Illinois’ attorney general sued the San Francisco bank, asking a state court to negate the loans and to fine Wells.
