Wells Fargo has agreed to pay $175 million to resolve allegations that the financial institution discriminated against qualified black and Hispanic borrowers in its mortgage lending, the U.S. Justice Department announced Thursday.
In the second-largest settlement of its kind, the biggest U.S. mortgage lender will pay $125 million to borrowers who were allegedly steered into higher-priced subprime loans or who paid higher fees and rates than white borrowers. Read More
After years of troubling quality-of-care reports that prompted lawsuits and federal intervention, Laguna Honda Hospital and Rehabilitation Center appears to have cleaned up its act.
In 2011, its first year in a new home, Laguna Honda upped its national ranking from two stars to three, and it is making good on a promise to improve patient access to housing, according to an annual report presented to the San Francisco Health Commission earlier this week. Read More
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WHAT: Responding to a call by 35 Seattle community groups, the U.S. Justice Department is investigating the Seattle Police Department’s fatal shooting of an American Indian woodcarver who was crossing the street while whittling with a small knife. Read More