Wells Fargo Gave Subprime Loans To Wealthy Blacks More Often Than To Poorer Whites: Chicago Reporter

Wells Fargo Gave Subprime Loans To Wealthy Blacks More Often Than To Poorer Whites: Chicago Reporter

Wells Fargo gave high-cost, subprime loans more often to its highest-earning African-American borrowers in Baltimore and Chicago than to its lowest-earning white borrowers in 2007, according to an analysis of mortgage lending data by The Chicago Reporter.

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