July 17, 2012
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.