Proximate Cause Question In Predatory Lending Suit Certified For Appeal

Mealey's (December 16, 2021, 3:15 PM EST) -- BALTIMORE — A federal judge in Maryland on Dec. 15 ruled that a recent en banc federal appellate court’s opinion in a substantially similar predatory lending lawsuit has provided necessary guidance warranting certification of a question posed by Wells Fargo & Co. and two of its related entities as to whether two Maryland counties sufficiently alleged a direct relationship between their alleged injuries stemming from the defendants’ alleged discriminatory lending practices as required to meet the proximate cause requirement of the Fair Housing Act (FHA)....