NAACP Dismisses Lawsuit against Wells Fargo
NEW YORK, April 8, 2010
The NAACP announced today that it is ending its lawsuit against Wells Fargo Bank, N.A. Since 2007, the NAACP has filed lawsuits against more than a dozen of the largest financial institutions alleging violations of the Fair Housing and Equal Credit Opportunity Acts and racial discrimination.
Unlike other pending lawsuits that seek monetary damages on behalf of individual borrowers, the NAACP lawsuits seek to change mortgage lending industry behaviors.
[Read more] www.naacp.org
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