Tuesday, April 26, 2011

A victory against "reverse redlining"

Great phrase, "reverse redlining." It's the centerpiece of allegations brought by the DC-based housing civil rights firm Relman, Dane & Colfax "that Wells Fargo intentionally targeted Baltimore's minority communities for predatory mortgage loans with discriminatory and unfair terms." (While, I might add, the Bush Administration cheered them (or anyway their ilk) on with "homeownership" promotions that were cynically or naively couched in civil rights language.)

At the law firm they're kvelling this week over an April 22 federal district court decision refusing to dismiss their case, which is City of Baltimore v. Wells Fargo. They've had to amend their complaint, but it's still standing.

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