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Wells Fargo accused of discrimination in lending - New York Amsterdam News

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Ben Crump, who is mostly known for representing families of victims of police brutality, has now joined a lawsuit against Wells Fargo. The suit alleged the bank has engaged in racial discrimination in their home-lending practices.

Crump has now joined an existing lawsuit filed in February 2022 by Chris Williams. Williams is claiming that Wells Fargo sought to charge him a higher interest rate than his credit score called for. He is a Black homeowner living in Georgia. He refinanced with another mortgage company in 2019. Two other new plaintiffs also joined the suit.

“We are deeply disturbed by allegations of discrimination that we believe do not stand up to scrutiny,” Wells Fargo said in a news release on the matter.” These unfounded attacks on Wells Fargo stand in stark contrast to the company’s significant and long-term commitment to closing the minority homeownership gap.”

 

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