Group Takes Wells Fargo Housing Bias Beef To HUD

Law360, New York (April 10, 2012, 8:20 PM EDT) -- An advocacy group lodged a formal complaint with the U.S. government Tuesday against Wells Fargo & Co., alleging the company violated the federal Fair Housing Act by failing to adequately maintain and market foreclosed properties in minority areas.

The complaint, filed by the National Fair Housing Alliance with the U.S. Department of Housing and Urban Development, accuses Wells Fargo and its subsidiaries of neglecting real estate owned properties in predominately black, Hispanic and other nonwhite communities in favor of properties located in mostly white communities....
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