Wells Fargo Gets Baltimore's FHA Suit Tossed

Law360, New York (January 7, 2010, 3:13 PM EST) -- Wells Fargo NA has won the dismissal of a Fair Housing Act lawsuit brought by the city of Baltimore, which alleged that the mortgage giant's discriminatory lending practices against blacks led to foreclosures that have wrought financial harm on the city.

In an opinion and order issued Tuesday, Judge J. Frederick Motz of the U.S. District Court for the District of Maryland granted Wells Fargo's motion to toss the complaint, saying that the city's claim was implausible.

The city's own figures showed that Wells Fargo was...
To view the full article, register now.