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tballardbrown:

In sworn court testimony, she described watching loan officers comb through heavily African American areas such as Baltimore and Prince George’s County, forging relationships with churches and community groups to sell their members shoddy mortgages. She says she processed loans for homeowners with sterling credit ratings with higher interest rates than they needed to pay. And she says she pumped out millions of dollars in mortgages to people with no paperwork and low incomes, becoming Wells Fargo’s top-producing loan officer.
(via Ex-loan officer claims Wells Fargo targeted black communities for shoddy loans - The Washington Post)
Photo: Michael Williamson / Washington Post

tballardbrown:

In sworn court testimony, she described watching loan officers comb through heavily African American areas such as Baltimore and Prince George’s County, forging relationships with churches and community groups to sell their members shoddy mortgages. She says she processed loans for homeowners with sterling credit ratings with higher interest rates than they needed to pay. And she says she pumped out millions of dollars in mortgages to people with no paperwork and low incomes, becoming Wells Fargo’s top-producing loan officer.

(via Ex-loan officer claims Wells Fargo targeted black communities for shoddy loans - The Washington Post)

Photo: Michael Williamson / Washington Post

(via npr)

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    If this doesn’t convince people that racism does exist, then they need to get new glasses.
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