A federal judge has refused to rule Wells Fargo did not engage in lending practices blamed for allegedly exacerbating a plague of home mortgage foreclosures among minority homebuyers. But the judge still has tossed a lawsuit brought against the lender by Cook County over the bank’s alleged predatory lending practices.
A federal judge has cleared Cook County to continue to press its case against Bank of America over the county’s allegations the lender discriminated against racial and ethnic minority borrowers through predatory lending practices in which it doled out home mortgage loans subject to higher interest rates and other more expensive terms for borrowers of color than for white borrowers, devastating the
