Is he wrong?
Dude im really not optimistic about the next couple of years breh....Only because black people are brain washed into trying to integrate with cave beasts.
Wells Fargo To Pay $175 Mil To Settle Racial Discrimination Accusations
BY GUEST CONTRIBUTOR JUL 13, 2012 10:45 AM
Yesterday, the Justice Department announced an agreement by Wells Fargo to pay $175 million in order to settle claims that its independent brokers discriminated against black and Hispanic borrowers. The Wells Fargo settlement, if approved, will be the second largest residential fair-lending settlement in DOJ’s history.
DOJ found that Wells Fargo’s discriminatory lending practices resulted in African-American and Hispanic borrowers paying higher rates for loans solely because of thecolor of their skin. Minority borrowers were both steered into sub-prime loans and charged higher fees.
Federal law requires only that a lending practice have a disparate effect on minority borrowers to be illegal. No discriminatory intent is necessary. Data analyzed by DOJ showed that African-American borrowers, who qualified for a regular loan, were 2.9 times more likely to be steered into a sub-prime loan than white borrowers with similar credit ratings. Similarly, Hispanic borrowers were 1.8 times more likely than their white-counterparts to be steered into a sub-prime loan.
Wells Fargo Announces $125 Billion Lending Goal to Support NAHREP’s Hispanic Wealth Project
Company also plans increase in Hispanic home mortgage consultants and $10 million to support financial education and counseling; NAHREP strives to triple Hispanic household wealth over 10 years
DES MOINES, Iowa, Sept. 15, 2015
Wells Fargo Home Mortgage announced today, the first day of Hispanic Heritage Month, its support of the goals of the National Association of Hispanic Real Estate Professionals’ Hispanic Wealth Project, which seeks to triple Hispanic household wealth over the next decade. Wells Fargo’s goals over the next 10 years include a projected $125 billion in mortgage originations and a goal of $10 million to support a variety of initiatives that promote financial education and counseling for Hispanic homebuyers. In continued recognition of the importance of hiring and retaining a diverse workforce, Wells Fargo also plans to increase the number of Hispanic home mortgage consultants on its sales team.
Wells Fargo To Pay $175 Mil To Settle Racial Discrimination Accusations
BY GUEST CONTRIBUTOR JUL 13, 2012 10:45 AM
Yesterday, the Justice Department announced an agreement by Wells Fargo to pay $175 million in order to settle claims that its independent brokers discriminated against black and Hispanic borrowers. The Wells Fargo settlement, if approved, will be the second largest residential fair-lending settlement in DOJ’s history.
DOJ found that Wells Fargo’s discriminatory lending practices resulted in African-American and Hispanic borrowers paying higher rates for loans solely because of thecolor of their skin. Minority borrowers were both steered into sub-prime loans and charged higher fees.
Federal law requires only that a lending practice have a disparate effect on minority borrowers to be illegal. No discriminatory intent is necessary. Data analyzed by DOJ showed that African-American borrowers, who qualified for a regular loan, were 2.9 times more likely to be steered into a sub-prime loan than white borrowers with similar credit ratings. Similarly, Hispanic borrowers were 1.8 times more likely than their white-counterparts to be steered into a sub-prime loan.
Wells Fargo Announces $125 Billion Lending Goal to Support NAHREP’s Hispanic Wealth Project
Company also plans increase in Hispanic home mortgage consultants and $10 million to support financial education and counseling; NAHREP strives to triple Hispanic household wealth over 10 years
DES MOINES, Iowa, Sept. 15, 2015
Wells Fargo Home Mortgage announced today, the first day of Hispanic Heritage Month, its support of the goals of the National Association of Hispanic Real Estate Professionals’ Hispanic Wealth Project, which seeks to triple Hispanic household wealth over the next decade. Wells Fargo’s goals over the next 10 years include a projected $125 billion in mortgage originations and a goal of $10 million to support a variety of initiatives that promote financial education and counseling for Hispanic homebuyers. In continued recognition of the importance of hiring and retaining a diverse workforce, Wells Fargo also plans to increase the number of Hispanic home mortgage consultants on its sales team.
Bu bu but he marched with Dr. King, brehs.