Wells Fargo’s Standing Argument In FHA Suit Over Lending Practices Rejected

Mealey's (June 8, 2021, 1:53 PM EDT) -- CHICAGO — A federal judge in Illinois on June 1 denied a motion to dismiss filed by Wells Fargo & Co. and several of its affiliates in a Fair Housing Act (FHA) discriminatory lending lawsuit for lack of subject matter jurisdiction, rejecting Wells Fargo’s argument that Cook County, Ill., lacks Article III standing to bring its claims....