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Judge evicts Cook County suit alleging racism by Wells Fargo caused '08 mortgage crisis
A judge has canned a lawsuit by Cook County that alleged Wells Fargo helped bring about the post-2008 mortgage crisis through discriminatory lending, saying there was no evidence minority foreclosures were the result of racist loan practices instead of other factors, such as the mortgage holder's income. -
Judge forecloses Cook County's long running lawsuit vs Bank of America over alleged discriminatory mortgage lending
Bucklo rules county can't prove BOA intended to discriminate, finds no evidence increased foreclosures hurt public budget -
Judge: Doesn't matter at this point if Cook County profited off foreclosure fees; Wells Fargo can't end county discrimination suit
Wells Fargo said Cook County can't sue because it profited off additional processing of loan defaults that Cook County has blamed on alleged discriminatory lending practices -
Cook County says ex-county officials can't be 'consultants' for Wells Fargo in reverse redlining suit
Cook County wants to know the arrangements between Wells Fargo and former county officials, whom the bank hired as consultants to help fight the county's suit, which alleges Wells Fargo contributed to the post-2008 mortgage crisis by its discriminatory lending practices. -
Cook Co. loses bid for sanctions against Bank of America attorneys in reverse redlining suit
A federal judge has refused Cook County's request to sanction Bank of America attorneys in suit alleging the bank made discriminatory loans -
Wells Fargo: Cook County must end 'obstruction, show specific lending discrimination to back claims in redlining lawsuit
Wells Fargo presses attack in defense against Cook County's lending discrimination claims, even as city of Miami, Fla., dropped similar lawsuits earlier this year. -
Judge says Cook County has to show Wells Fargo how much it made from processing foreclosures during housing crisis
County can't shield the information sought by the bank, accused of worsening foreclosure crisis through alleged discriminatory lending practices. -
Judge forecloses Cook County's bid to renew tax loss claims vs Bank of America in discriminatory lending lawsuit
The judge says the county's tax loss claims remain 'too remote' to fix on Bank of America. -
Cook County says raising taxes would hurt economy; Bank of America owes for county tax losses from 'discriminatory' lending
Cook County says it lost potential tax money during the foreclosure crisis, so it doesn't matter if its actual tax collections didn't drop. It wants Bank of America to pay, because it blames some of the foreclosures on alleged discriminatory lending practices. -
Cook County wants Bank of America's lawyers disqualified from representing witnesses in discriminatory lending case
Cook County cites irreparable conflict in 'drastic remedy' request -
Judge: Cook County demands Bank of America pay for 'discriminatory lending,' but did county actually lose tax money?
A federal judge says Cook County will need to show why Bank of America should be made to pay the county for lost tax revenue amid the foreclosure crisis, when the county didn't actually lose any tax money. -
Wells Fargo: Cook County hiding potential profit from foreclosures; County: Wells Fargo 'ignoring' county document requests
Wells Fargo has accused Cook County of "cherry-picking" which documents it discloses, to obscure how much money the county may have collected from processing home foreclosures. -
Cook County: Appeals court ruling should give new life to county's claims vs HSBC, Wells Fargo over foreclosures
Cook County has asked federal judges to rely on a federal appeals court ruling to restore the breadth of its damages claims vs HSBC and Wells Fargo for the harm the county said it suffered from the banks' alleged predatory lending practices. -
Judge: Cook officials must tell when learned they could sue Bank of America; could undermine discrimination suit
A Chicago federal magistrate judge has ordered Cook County officials who are suing Bank of America for allegedly discriminatory lending to tell the bank when they learned of a similar suit by the State of Illinois, which the bank believes will show some of the county's claims are barred by the statute of limitations. -
Wells Fargo: Cook County blocking try to compute how much 'discriminatory' foreclosures cost county courts
Ten months after a Chicago federal judge allowed Cook County to continue with a small portion of its foreclosure discrimination lawsuit against Wells Fargo, the lender has accused the county of blocking its ability to mount its defense by attempting to stop it from interviewing officials in the Cook County court system.