11th Circ. Shuts Down Fla. City's FHA Suit Against Wells Fargo

By Carolina Bolado (July 31, 2019, 5:11 PM EDT) -- The Eleventh Circuit affirmed Tuesday the dismissal of a Florida city's Fair Housing Act lawsuit accusing Wells Fargo of discriminatory lending, ruling that the city did not provide enough evidence to prove an injury that would justify standing to pursue the suit.

The appeals court said the evidence offered by Miami Gardens — an allegedly discriminatory loan that the city's expert said will likely go into foreclosure and a list of 10 loans that have defaulted — isn't enough to show an injury traceable to actions by Wells Fargo & Co. and Wells Fargo Bank NA.

It's not enough, the appeals...

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