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

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

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…