More Discriminatory Predatory Lending Suits Possible, Says Baltimore City Solicitor

In Baltimore, Maryland, The Daily Record reports:

• A Fair Housing Act lawsuit filed by the city of Baltimore against lender Wells Fargo & Co. could be the first of its kind, but it may not be the last. City Solicitor George A. Nilson said Tuesday that at least one other “significant” lender in the Baltimore market is “under evaluation” as a potential target for a similar suit, in which the city seeks to recover its own losses from foreclosures in Baltimore’s black neighborhoods. “There could be more,” Nilson said.

For more, see City could sue other lenders for Fair Housing violations (if link expires, try here).

In a related editorial, see Suspect foreclosures (an editorial by The Baltimore Sun).

To view the City's lawsuit against Wells Fargo, see Mayor and City Council of Baltimore v. Wells Fargo Bank, N.A., et al. (8.76 MB).

Representing the City Of Baltimore is the Washington, D.C. law firm Relman & Dane.

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