A state court judge's ruling yesterday that Illinois can move forward with a lawsuit alleging...

|By:, SA News Editor

A state court judge's ruling yesterday that Illinois can move forward with a lawsuit alleging that Wells Fargo (WFC) steered minority borrowers into risky mortgages at the height of the housing bubble is the first fair-lending lawsuit brought by a state attorney general against a national bank to reach discovery. After discovery, Illinois may bring the case to trial.