Daily Market Updates: Federal housing agency flags Wells Fargo race-based lending effort

S&P 5007,773.95▲0.7% Nasdaq27,477.31▲1.1% Dow51,267.90▲0.2% Russell 2K2,847.14▲0.5% 10-Yr5.31%+3bp VIX15.52+0.21 WTI$89.70▼1.6% Gold$4,150.40▼0.3% EUR/USD1.122▼0.3% BTC$82,696▼3.3% Nikkei70,082▲0.2%

At close · Tue, Oct 6, 2026

Real Estate

Home›Real Estate›Residential›Federal housing agency flags Wells Fargo race-based le…

Federal housing agency flags Wells Fargo race-based lending effort

Reported · Written up by our desk · Residential

The federal housing agency said Wells Fargo’s efforts to encourage Black homeownership amount to discrimination, according to NYT Business.

The disclosure centers on how the bank’s lending and related efforts are being characterized under the agency’s review.

← Newer storyRubio urges Europe to boost defense and manufacturing, citing US power Older story →Mexican peso steadies near 17.98 as Fed minutes point to further hikes

More like this

Real EstateHigher rates dim Atlanta developers' outlook for new projects

Real EstateOlder households hold $140 trillion in net worth, Bank of America says

Real EstateHUD investigates whether Wells Fargo mortgage programs violate the Fair Housing Act

Real EstateNational property tax delinquency rate rises to 5.2% in 2026

Real Estate13th Floor sells West Delray Beach active-adult community for $29.3M

Sources

NYT BusinessTrump Administration Investigates Wells Fargo for Race-Based Lending

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.