NEW YORK (Reuters) - Wells Fargo & Co and the Department of Justice are negotiating to settle allegations that the bank illegally targeted African-Americans for expensive subprime loans, according to a source familiar with the matter.
Reuters: Top News, Reuters
Wed, 07/27/2011 - 12:27pm
NEW YORK (Reuters) - Wells Fargo & Co and the Department of Justice are negotiating to settle allegations that the bank illegally targeted African-Americans for expensive subprime loans, according to a source familiar with the matter.