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Friday, June 22, 2012

Wells Fargo Faces Accusations of Leading Black Homebuyers Into Subprime Mortgages

Former Wells Fargo Loan Officer Testifies of Shoddy Mortgages

In sworn court testimony, Beth Jacobson described watching loan officers comb through heavily African-American areas such as Baltimore and Prince George's County, Md., forging relationships with churches and community groups to sell their members shoddy mortgages.

http://www.atoast2wealth.com/2012/06/22/wells-fargo-faces-accusations-of-syst...

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