Wells Fargo targeting minorities?

[Manonthestreet]

Is now a really good time to take out a huge loan????Will lawsuits fly???

Wells Fargo prioritizes lending to minorities, cuts back on mortgages

“We will continue to expand our programs to reach more customers in underserved communities by leveraging our strong partnerships with the National Urban League, Unidos US, and other non-profit organizations.”

thepostmillennial.com

 

[The Irish Ram]

As interest rates continue to rise. Great timing.
How many repos do you see as a result of this. Auction Time!

 

[Indeependent]

Is now a really good time to take out a huge loan????Will lawsuits fly???

Wells Fargo prioritizes lending to minorities, cuts back on mortgages

“We will continue to expand our programs to reach more customers in underserved communities by leveraging our strong partnerships with the National Urban League, Unidos US, and other non-profit organizations.”

thepostmillennial.com

They did this under GW (Housing Crash) Bush starting with his second term.

 

[Indeependent]

As interest rates continue to rise. Great timing.
How many repos do you see as a result of this. Auction Time!

Blackrock already owns earth.

 

[excalibur]

Is now a really good time to take out a huge loan????Will lawsuits fly???

Wells Fargo prioritizes lending to minorities, cuts back on mortgages

“We will continue to expand our programs to reach more customers in underserved communities by leveraging our strong partnerships with the National Urban League, Unidos US, and other non-profit organizations.”

thepostmillennial.com

Sure, what could possibly go wrong with loaning money to people with little chance of their paying back the loans?

It isn't as if they did this back in the late 1990s and the early 2000s and people just walked away from houses with zero downpayment mortgages. Wait ...

 

[excalibur]

They did this under GW (Housing Crash) Bush starting with his second term.

It started under Clinton with his HUD Secretary named Andrew Cuomo.

Cuomo is Guilty of the Subprime Mortgage Crisis Too

The former governor should have been forced out of public life long ago.

www.theamericanconservative.com

 

[Baron Von Murderpaws]

Wells Fargo is EVIL, pure and simple.

Best to avoid them at ALL COSTS.

 

[Indeependent]

It started under Clinton with his HUD Secretary named Andrew Cuomo.

Cuomo is Guilty of the Subprime Mortgage Crisis Too

The former governor should have been forced out of public life long ago.

www.theamericanconservative.com

Neither Clinton nor GW Bush discouraged the continued bad loans and it got worse under GW when banks were offering 600K loans to millions of unemployed people.
I'm not partisan when it comes to who was pulling the wool over the eyes of people.
GW Bush stills claims he's the Home Ownership President.

 

[Dekster]

Blackrock already owns earth.

Not really. They are more into buying up rental communities and mortgage-backed securities than random single family houses.

 

[Indeependent]

Not really. They are more into buying up rental communities and mortgage-backed securities than random single family houses.

Check out YouTube; they bought houses in many neighborhoods.