discrimination in lending

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Wells Fargo settles with Philadelphia over discriminatory lending allegations

Dec 16, 2019By

Back in 2017, Philadelphia sued Wells Fargo, claiming the bank engaged in discriminatory lending. The bank denied the city’s “unsubstantiated accusations” and claimed it would “vigorously defend” itself against the allegations, but 18 months later, the bank is settling with the city.

3d rendering of a row of luxury townhouses along a street

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