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City Of Miami Sues JPMorgan, Claims Mortgage Discrimination

Tuesday, June 17, 2014 - 2:34 PMJPMorgan Chase Bank, Dearborn - Details
(Reuters) - The city of Miami has sued JPMorgan Chase & Co, accusing the bank of predatory mortgage lending in minority neighborhoods that allegedly caused a wave of foreclosures during the last decade's housing crisis.  The lawsuit, filed on Friday in federal court in Florida, said the country's largest bank engaged in a continuous practice of discriminatory mortgage lending since at least 2004, violating the U.S. Fair Housing Act.

http://www.reuters.com/article/20...20R2014061
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