DOJ Fair Lending Litigation

July 17, 2012

Redlining map

We've recently added to the Clearinghouse's large collection of fair housing and fair lending cases; we're now posting documents from the U.S. Department of Justice's recent huge fair lending settlements, with Countrywide ($335 million--the largest settlement of its kind ever), Suntrust ($21 million) and, most recently, Wells Fargo ($125 million). Each one settles allegations of systematic race discrimination in mortgage lending, making it more expensive for African-Americans and Latinos to obtain home loans.

Related Cases

United States of America v. Wells Fargo Bank, District of Columbia (2012)

United States v. Countrywide Financial Corporation, Central District of California (2011)

United States of America v. Suntrust Mortgage, Inc., Eastern District of Virginia (2012)