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Civil Rights Litigation Clearinghouse
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Case Name Zamora v. Wachovia FH-CA-0012
Docket / Court 3:07-cv-04603 ( N.D. Cal. )
State/Territory California
Case Type(s) Fair Housing/Lending/Insurance
Case Summary
On September 5, 2007, two Latino borrowers filed a class action complaint in the U.S. District Court for the Northern District of California against Wachovia Corporation ("Wachovia") and its wholly-owned subsidiary World Savings Bank ("WSB") under under the Equal Credit Opportunity Act ("ECOA"), ... read more >
On September 5, 2007, two Latino borrowers filed a class action complaint in the U.S. District Court for the Northern District of California against Wachovia Corporation ("Wachovia") and its wholly-owned subsidiary World Savings Bank ("WSB") under under the Equal Credit Opportunity Act ("ECOA"), the Fair Housing Act ("FHA"), 42 U.S.C. § 1981, and 42 U.S.C. § 1982. The plaintiffs sought class certification, injunctive, equitable, and monetary relief, alleging intentional discrimination and disparate impact discrimination on minority applicants for home mortgage loans by Wachovia directly and through WSB's actions. Specifically, they alleged that Wachovia's mortgage pricing policy, whereby Wachovia allowed its authorized lenders and mortgage brokers to make subjective decisions about higher interests rates and costs, led to a higher interests rates and costs for minority applicants, compared to similarly situated non-minority applicants. Minorities were defined as non-Caucasians.

The case went into alternative dispute resolution. On September 27, 2007, the plaintiffs filed an amended complaint, reiterating its allegations. On November 19, 2007, Wachovia was dismissed as a defendant without prejudice by the Court (Judge Thelton E. Henderson).

The parties eventually settled. On October 14, 2009, the parties filed a stipulation and request for an order approving the settlement agreement. Under the agreement, one of the named plaintiffs received a lump sum payment of $30,000 in exchange for release of all claims. The other named plaintiff received a modification of his loan, reducing the balance of the loan, fixing the interest rate and extending the term of the loan, as well as forgiveness of some delinquent payments. The defendant also agreed to pay $200,000 in attorney's fees.

On November 19, 2009, the Court (Judge Jeffrey S. White) issued an order, approving each settlement. The individual claims were dismissed with prejudice. The class action allegations were dismissed without prejudice.

Zhandos Kuderin - 07/23/2014


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Issues and Causes of Action
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Issues
Defendant-type
Bank or credit provider
Discrimination-area
Lending
Discrimination-basis
National origin discrimination
Race discrimination
General
Disparate Impact
Disparate Treatment
Housing
Pattern or Practice
Predatory lending
National Origin/Ethnicity
Hispanic
Plaintiff Type
Private Plaintiff
Race
Race, unspecified
Causes of Action Fair Housing Act/Fair Housing Amendments Act (FHAA), 42 U.S.C. §§ 3601 et seq.
Equal Credit Opportunity Act (ECOA), 15 U.S.C. § 1691
42 U.S.C. § 1981
42 U.S.C. § 1982
Defendant(s) World Savings Bank
Plaintiff Description Two Latino borrowers.
Indexed Lawyer Organizations None on record
Class action status sought Yes
Class action status granted No
Prevailing Party Plaintiff
Public Int. Lawyer No
Nature of Relief Attorneys fees
Damages
Source of Relief Settlement
Form of Settlement Court Approved Settlement or Consent Decree
Order Duration 2009 - 2009
Case Closing Year 2009
Case Ongoing No
Additional Resources
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Case Studies Insurer Must Pay $100.5 Million in Redlining Case
The New York Times
Written: Oct. 27, 1998
By: Joseph B. Treaster
[ Detail ] [ External Link ]

  Nationwide Settles Virginia Redlining Suit
Property Casualty 360
Written: May. 06, 2000
By: Amanda Levin
[ Detail ] [ External Link ]

  The Origins of Fair Lending Litigation
Written: Dec. 04, 2008
By: Andrew Nash (Washington University in St. Louis)
[ Detail ] [ PDF ] [ External Link ]

Docket(s)
3:07-cv-4603 (N.D. Cal.) 11/10/2009
FH-CA-0012-9000.pdf | Detail
PACER [Public Access to Court Electronic Records]
General Documents
Class Action Complaint 09/05/2007
FH-CA-0012-0004.pdf | Detail
Document Source: PACER [Public Access to Court Electronic Records]
First Amended Class Action Complaint 09/27/2007
FH-CA-0012-0005.pdf | Detail
Document Source: PACER [Public Access to Court Electronic Records]
Stipulation and Request for Order Approving Settlement and Dismissing Action 10/14/2009
FH-CA-0012-0002.pdf | Detail
Document Source: PACER [Public Access to Court Electronic Records]
Order Approving Settlements and Dismissing Action 10/14/2009 (N.D. Cal.)
FH-CA-0012-0003.pdf | Detail
Document Source: PACER [Public Access to Court Electronic Records]
[Proposed] Settlement Agreement 10/14/2009
FH-CA-0012-0006.pdf | Detail
Document Source: PACER [Public Access to Court Electronic Records]
[Proposed] Settlement Agreement 10/14/2009
FH-CA-0012-0007.pdf | Detail
Document Source: PACER [Public Access to Court Electronic Records]
Order Approving Settlements and Dismissing Action 11/10/2009 (N.D. Cal.)
FH-CA-0012-0001.pdf | Detail
Document Source: PACER [Public Access to Court Electronic Records]
Judges White, Jeffrey Steven (N.D. Cal.)
FH-CA-0012-0001 | FH-CA-0012-0003 | FH-CA-0012-9000
Monitors/Masters None on record
Plaintiff's Lawyers Becker, Nance F. (California)
FH-CA-0012-0002 | FH-CA-0012-0004 | FH-CA-0012-0005 | FH-CA-0012-9000
Brown, Maeve Elise (California)
FH-CA-0012-0002 | FH-CA-0012-0004 | FH-CA-0012-0005
Chavez, Mark A. (California)
FH-CA-0012-0002 | FH-CA-0012-9000
Ciolko, Edward W. (Pennsylvania)
FH-CA-0012-0002 | FH-CA-0012-9000
Fialco, Lisa (California)
FH-CA-0012-9000
Friedman, Andrew S. (Arizona)
FH-CA-0012-0002 | FH-CA-0012-0004 | FH-CA-0012-0005 | FH-CA-0012-9000
Gertler, Jonathan E. (California)
FH-CA-0012-9000
Harrison, Wendy J. (Arizona)
FH-CA-0012-0002 | FH-CA-0012-0004 | FH-CA-0012-0005
Hurst, Leslie E. (California)
FH-CA-0012-0002 | FH-CA-0012-9000
Kavanagh, Shennan Alexandra (Massachusetts)
FH-CA-0012-0002
Klein, Gary E. (Massachusetts)
FH-CA-0012-0002 | FH-CA-0012-9000
Meltzer, Joseph H. (Pennsylvania)
FH-CA-0012-0002 | FH-CA-0012-9000
Moffa, Donna Siegel (Pennsylvania)
FH-CA-0012-0002 | FH-CA-0012-9000
Muhic, Peter A. (Pennsylvania)
FH-CA-0012-0002 | FH-CA-0012-9000
Pintar, Theodore J. (California)
FH-CA-0012-0002 | FH-CA-0012-0004 | FH-CA-0012-0005 | FH-CA-0012-9000
Stoia, John J. (California)
FH-CA-0012-0002 | FH-CA-0012-0004 | FH-CA-0012-0005 | FH-CA-0012-9000
Weeden, Joseph A. (Pennsylvania)
FH-CA-0012-0002 | FH-CA-0012-9000
Defendant's Lawyers Hoesterey, Heather B. (California)
FH-CA-0012-0002 | FH-CA-0012-9000
Nelson, Jack R. (California)
FH-CA-0012-0002 | FH-CA-0012-9000
Other Lawyers None on record

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