---
title: "Wells Fargo Settles Discriminatory Allegations with $110 Million Agreement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288148086.md"
description: "Wells Fargo agreed to a $110 million settlement to resolve allegations of discriminatory hiring and lending practices. The agreement includes a $100 million mortgage lending initiative supporting low- and moderate-income borrowers, running for at least three years."
datetime: "2026-05-30T14:13:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288148086.md)
  - [en](https://longbridge.com/en/news/288148086.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288148086.md)
---

# Wells Fargo Settles Discriminatory Allegations with $110 Million Agreement

Wells Fargo has agreed to a $110 million settlement to resolve allegations of discriminatory hiring and lending practices. According to NS3.AI, the settlement includes a $100 million mortgage lending initiative aimed at supporting low and moderate-income borrowers. This program is set to run for a minimum of three years.

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