The city of Miami is accusing JP Morgan Chase & Co. of contributing to the housing crisis through a decade of preying on minorities through risky mortgage lending.

Reuters reports that the bank was sued on Friday (June 13) for discriminatory practices. These include high cost loans to minorities and refusal to refinance “on the same terms it extended to whites, leading to defaults and foreclosures.”

The lawsuit claims that these acts violate the U.S. Fair Housing Act.

JP Morgan spokesman Jason Lobo says the bank will fight against these accusations and that "the Miami City Attorney's claims are baseless and stand contrary to our long record of providing affordable housing to low- to moderate-income families across the region.”

Just weeks ago, Los Angeles filed similar claims against the bank.

Wells Fargo & Co., Citigroup Inc. and Bank of America Corp are also under fire from the two cities for issuing unaffordable home loans to minorities.

Miami leads the country in foreclosures and the lawsuit claims that JP Morgan is partly to blame.

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