Wells Fargo Must Face Black Homeowners’ Bias Suit Over Appraisal

Wells Fargo Bank NA failed to shake off Fair Housing Act and federal civil rights claims brought by a Black couple who allege the company low-balled their refinancing appraisal due to their race.

Brigid and Joseph Washington can also proceed with their claims of racial discrimination under North Carolina’s consumer protection law, Judge Catherine C. Eagles of the US District Court for the Middle District of North Carolina ruled Wednesday.

The Washingtons’ suit is part of a wave of litigation, including a consolidated class action in federal court in California, accusing Wells Fargo of discrimination in refinancing.

The Washingtons’ claims ...