Karl Heideck Explains the City of Philidelphia vs. Wells Fargo Bank

Redlining is a form of discrimination sometimes practiced by lending institutions. The term refers to literally circling a neighborhood in red marking it as an area whose residents are to be denied credit. In and of itself, redlining is not illegal if it is not based on ethnicity. In the case of the City of Philadelphia vs. Wells Fargo Bank the city alleges that Wells Fargo engaged in discriminatory lending practices. On May 15, 2017, the suit was filed with the U.S. District Court for the Eastern District of Pennsylvania. The City cited the 1968 Fair Housing Act as the basis for the suit. The suit charges that despite having…
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