Wells Fargo to pay $175M to settle discrimination claims

Biggest US mortgage lender shutting down wholesale channel

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

Wells Fargo Bank, the largest home mortgage originator in the U.S., and the U.S. Department of Justice have reached a settlement to resolve allegations that the bank systematically discriminated against African American and Hispanic borrowers, the two entities announced today.