Wells Fargo Subprime Mortgages

Wells Fargo Parties Hard on 160th Birthday... While Kicking Americans Out of Their Homes

Jose Suarez | Posted 05.21.2012

Read More: Financial Crisis, Wells Fargo Subprime Mortgages, Wells Fargo Foreclosures, Wells Fargo Bank, Foreclosure Crisis, Wells Fargo 160, Wells Fargo Earnings, Subprime Mortgage Crisis, Wells Fargo 160th Birthday, Miami News
Jose Suarez

While the banks party on, the people continue to suffer. Throughout this very critical election year, we should prepare to take more actions to hold banks, and politicians beholden to them, accountable.

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When Cities Sue: Local Governments Take a Bank to Court

Ray Brescia | Posted 07.23.2011

Read More: Foreclosures, Subprime Mortgages, Reverse Redlining Wells Fargo, Wells Fargo vs. Baltimore, Wells Fargo Subprime Mortgages, Subprime Lending, Baltimore vs. Wells Fargo, Wells Fargo, Wells Fargo Reverse Redlining, Memphis vs. Wells Fargo, Wells Fargo vs. Memphis, Housing Crisis, Subprime Mortgages Wells Fargo, Business News
Ray Brescia

In recent weeks, communities trying to fight back against alleged discriminatory subprime lending during the mortgage frenzy have won victories in the courts, perhaps paving the way for more cities to follow suit.

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Wells Fargo Sued By Illinois For Discriminatory Lending

AP | Posted 05.25.2011

Read More: Wells Fargo, Wells Fargo Subprime Mortgages, Wells Fargo Discrimination, Lisa Madigan, Wells Fargo Illinois Lawsuit, Chicago News

CHICAGO (AP) -- The state of Illinois is suing one of the nation's largest mortgage lenders for allegedly discriminating against black and Latino home...

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

Chicago Reporter | Posted 05.25.2011

Read More: Racism, Wells Fargo Subprime Mortgages, Predatory Lending, Subprime Mortgages, Wells Fargo, Chicago News

Wells Fargo gave high-cost, subprime loans more often to its highest-earning African-American borrowers in Baltimore and Chicago than to its lowest-ea...

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Lawsuit Accuses Wells Fargo Of Steering Blacks To Subprime Mortgages

New York Times | MICHAEL POWELL | Posted 05.25.2011

Read More: Subprime Mortgages, Bank Bailouts, Financial Crisis, Wells Fargo Subprime Mortgages, Banking Crisis, Wells Fargo, Business News

As she describes it, Beth Jacobson and her fellow loan officers at Wells Fargo Bank "rode the stagecoach from hell" for a decade, systematically singl...

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