A federal judge has granted final approval to a $110 million shareholder derivative settlement resolving claims that Wells Fargo directors and senior executives failed to properly oversee the bank’s mortgage lending practices.

The final approval, announced May 15, paves the way for expanded mortgage assistance programs for low- and moderate-income borrowers in more than 50 metropolitan areas nationwide.

Under the settlement, Wells Fargo will provide $100 million to establish a borrower assistance program to support communities disproportionately affected by barriers to mortgage lending. The program includes grant and closing cost assistance for eligible borrowers purchasing or residing in designated metro areas.

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