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Health & Fitness

Wells Fargo Settles Alleged Fair Lending Law Violations For $175 Million

Wells Fargo settles alleged fair lending law violations for $175 million. NYC one of the most affected areas.

Wells Fargo Bank allegedly discriminated against minority borrowers in violation of the fair lending laws from 2004 to 2009.  The claimed result was approximately 34,000 borrowers paying higher interest rates on loans based on the color of their skin.

Read the details in our latest Scales of Justice blog at http://www.liattorney.com.

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