Wells Fargo Sued by Black Borrower for Refinance ‘Redlining’

Wells Fargo Sued by Black Borrower for Refinance ‘Redlining’

(Bloomberg) -- Wells Fargo & Co. was sued for discriminating against Black homeowners by relying on a modernized version of “redlining” that allegedly denied them lower interest rates through refinancing and forced them to pay more for loans.

Most Read from Bloomberg

Ukraine Update: Zelenskiy Says Some Opposition Parties Suspended