Tag Archives: Latino

Wells Fargo, Justice Department settle discrimination case for $175 million

By Ylan Q. Mui, Published: July 12 In one of the largest fair- lending payouts in history, Wells Fargo agreed on Thursday to spend at least $175 million to settle federal accusations that it steered black and Latino borrowers into high-cost loans and charged them excessive fees. The settlement with the nation’s largest home mortgage […]