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Banking

Feb. 1, 2017

Wells Fargo sued for not giving non-citizens loans

Wells Fargo & Co. "outright refuses to extend loans to individuals who are not U.S. citizens or permanent residents," alleges a sweeping, nationwide class action filed Monday in San Francisco federal court.

By Matthew Blake
Daily Journal Staff Writer

Wells Fargo & Co. "outright refuses to extend loans to individuals who are not U.S. citizens or permanent residents," alleges a sweeping, nationwide class action filed Monday in San Francisco federal court.

Filed by Thomas Saenz, an attorney at the Mexican American Legal Defense and Educational Fund, and Jahan C. Sagafi, partner at Outten & Golden LLP, the lawsuit accuses the multinati...

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