Wells Fargo Settles Allegations It Took Better Care Of White Neighborhoods

Banking Giant Settles Racially-Charged Allegations

The National Fair Housing Alliance and 13 of its members, including two suburban Chicago groups, will receive $27 million from Wells Fargo to resolve a 14-month-old federal housing discrimination complaint that alleged the bank took better care of its bank-owned foreclosures in white neighborhoods than those in African-American and Latino communities.

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