En Banc 9th Circuit Hears Oral Argument In Discriminatory Lending Appeal

Mealey's (June 25, 2021, 10:19 AM EDT) -- SAN FRANCISCO — The Ninth Circuit U.S. Court of Appeals on June 23 heard oral arguments in a rehearing of an appeal in a Federal Housing Act (FHA) lawsuit brought by the city of Oakland, Calif., against Wells Fargo & Co. and Wells Fargo Bank over the lenders’ alleged discriminatory lending practices, with Wells Fargo asking the en banc court to bring an end to the lawsuit based on a lack of a showing of proximate cause on the part of the city....