Wells Fargo to Pay $110M for Discriminatory Lending and Hiring Practices
Wells Fargo has agreed to an $110 million settlement over allegations of discriminatory lending practices and hiring discrimination. The bank will establish a $100 million mortgage assistance fund targeting low- and moderate-income borrowers, while insurers of the Board of Director Defendants pay $10 million into Wells Fargo.
Tickers: $WFC
Topics: discrimination hiring practices legal settlement mortgage lending