Housing suit beats banks on one point

Trial Notebook

By Steven P. Garmisa

Hoey & Farina

Posted September 18, 2017 1:47 PM

The city of Miami claimed it was an “aggrieved person” under the Fair Housing Act when it sued Bank of America and Wells Fargo for allegedly discriminating against African-American and Latino residents.Predatory lending practices allegedly caused a large number of defaults and abandoned buildings in targeted neighborhoods. These violations of the FHA reportedly harmed the city by depriving it of tax revenue while simultaneously requiring additional municipal expenditures.Attacking the complaint as defective …

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