bank knowingly targeted minorities between 2004 and 2009 for risky mortgages that came with higher
costs, according to documents filed in the U.S. District Court for the District of Columbia.
“This a case about real people, African-American and Latino, who suffered real harm as a result of Wells Fargo’s discriminatory lending practices,” Thomas Perez, U.S. assistant attorney general for civil rights, said at a news conference in Washington, D.C.