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Wells Fargo Lending Discrimination

Lawsuit Alleges Bank Improperly Denied DACA Students Loans

Media Coverage Tuesday, March 7, 2017

Student loan lending may be big business for traditional banks, but for Wells Fargo, the hits keep coming. Just months after the Consumer Financial Protection Bureau fined Wells over its student loan servicing practices, the San Francisco-based bank is facing a lawsuit filed by the Mexican...

Wells Fargo Sued For Discriminatory Lending Practices Against Certain Immigrants

Press Release Monday, January 30, 2017

SAN FRANCISCO, CA – Wells Fargo & Co. illegally denied qualified applicants, including a college student, loans because of their immigration status, according to a federal lawsuit filed Monday.

The suit, brought by MALDEF (Mexican American Legal Defense and Educational Fund) and...

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