The Justice Department has “sufficient basis” to file a lending discrimination complaint against Wells Fargo & Co., the largest U.S. mortgage lender, said Assistant Attorney General Thomas Perez in a conference call with reporters today.

Wells Fargo previously disclosed a probe into the matter.

To contact the reporter on this story: Seth Stern in Washington at sstern14@bloomberg.net

To contact the editor responsible for this story: Steven Komarow at skomarow1@bloomberg.net