The Chicago area’s Cook County has filed a lawsuit against Wells Fargo & Co., accusing the nation’s biggest mortgage lender of subjecting minority and female borrowers to discriminatory and predatory lending practices
Have you noticed the rainbow lighting on the Civil Courts Building? It’s all lit up leading up to Pride Fest which is this weekend in Downtown St. Louis.
You’ll see empty buildings and grassy lots but Michael Tomko, production director at The Able Few, says Midtown Alley is an up-and-coming area.
The money will allow legal aid organizations to hire lawyers and paralegals to represent homeowners.
Wells Fargo is the nation’s third-largest retail brokerage firm.
The settlement allegations that Wells Fargo steered African-American and Latino borrowers into risky subprime loans more often than white borrowers in similarly situations.
Missourians can now being applying for money from six major banks from a national mortgage settlement.
Missouri Attorney General Chris Koster says it’s a good start, but probably won’t be enough money to help everyone hurt in the mortgage crisis.
Calls it a good use of taxpayers’ money