Seattle Coffee Direct Decides You Need $40 Worth Of Coffee Per Day
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Seattle Coffee Direct Decides You Need $40 Worth Of Coffee Per Day

Walmart Goes Crazy On Couple Suspected Of Shoplifting
Walmart is your god now

Walmart Goes Crazy On Couple Suspected Of Shoplifting

Bally Reps Drove Developmentally Disabled Man To Gym, Signed Him Up
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Bally Reps Drove Developmentally Disabled Man To Gym, Signed Him Up

Hospital Sends $29,000 Bill To Parents Of Murdered College Student
inappropriate

Hospital Sends $29,000 Bill To Parents Of Murdered College Student

Unemployment Hits A 26-Year High Of 10.2%
recession watch

Unemployment Hits A 26-Year High Of 10.2%

50 More Things Restaurant Staffers Should Never Do
eating out

50 More Things Restaurant Staffers Should Never Do

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      Smoking Gun

      Affidavits On How Wells Fargo Gave "Ghetto Loans" To "Mud People"

      By Ben Popken, 1:53 PM on Mon Jun 8 2009, 0 views

      Here's the official court filing (PDF) so you can get the full details on how Wells Fargo pushed or even fraudulently placed black borrowers into sub-prime loans, even when those borrowers could afford prime loans, along with an office environment where employees threw around racist slurs, calling black borrowers "mud people" and their mortgages "ghetto loans." The official statements referenced in the NYT article are in this document in full. The affidavits begin on page 48. Two screenshots inside...


      Mayor and City Council of Baltimore v Wells Fargo Bank, N.A. and Wells Fargo Financial Leasing, Inc. (PDF)
      PREVIOUSLY: Loan Officers Detail Wells Fargo's Blatantly Racist Subprime Loans

      Read More: Smoking Gun, Wells Fargo, Racism, affidavits, sub-prime meltdown, subprime, subprime fiasco, subprime lending, subprime meldown, subprime meltdown, subprime mortgages, Is Wells Fargo A Racist Bank, Loan officers, Loans, Minorities, Baltimore, Lawsuits, Top

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    New York, 5:22 AM
    Sun Nov 8
    7 posts in the last 24 hours

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