Fair Housing Advocates Allege Wells Discriminated in REO
April 16, 2012
The National Fair Housing Alliance filed a federal housing discrimination complaint with the U.S. Department of Housing and Urban Development against Wells Fargo & Co. and Wells Fargo Bank, N.A. over its marketing and maintenance of foreclosed properties. A similar complaint against another major national mortgage lender is expected from the organization this week. In the Wells case, the NFHA said its complaint resulted from an undercover probe of the lender's real-estate-owned property management practices related to 218 properties. According to the housing advocacy group...