Black Homeowners In Detroit Claim They Were Targeted With Ghetto Loans FOR IMMEDIATE RELEASE CONTACT: (212) 549-2666; media@aclu.org Landmark Lawsuit First to Link Bundling of Mortgage-Backed Securities and Racial Discrimination; Suit Charges Violation of Fair Housing Act Morgan Stanley discriminated against black homeowners and violated federal civil rights laws by providing strong incentives to a subprime lender […]
Wells Fargo Mortgage Refuses To Release Docs To MFI-Miami Client, Cites Negative Articles On MFI-Miami My assistant called me the other day telling me that the Wells Fargo Mortgage customer service refused to release a client’s documents that we requested in order to complete our investigation. Before I get what happened next, here’s a hint […]
Wells Fargo Was The Willy Wonka Of Booze, Drugs & Sex If You Had The Golden Ticket I have been bombarded with questions by media types about what caused the housing meltdown since forming MFI-Miami five years ago this included Wells Fargo. I didn’t care as long as I got to promote MFI-Miami. Never once […]
Wells Fargo Is Now The 4 Horsemen Of The Apocalypse By Illegally Freezing Bank Account Of ML-Implode Wells Fargo is now the 4 horsemen of the apocalypse in the blogosphere. The bank has been getting hammered lately during the past month because of the death of Norman Rousseau. Rousseau is the husband and father they […]
BBC Crew Travels Around Baltimore Researching Wells Fargo Ghetto Loans This is a piece the BBC broadcast two years ago. It tells the story of how Wells Fargo preyed on African-Americans in Baltimore. Wells Fargo sold them high cost “Ghetto Loans. Yet, Wells Fargo underwriters knew these homeowners could qualify for better programs. One of […]
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