Posts Tagged “City Of Baltimore”

News Sources wrote an interesting post today on
Here’s a quick excerpt
Everyone wants the economy to bounce back, and the President’s not wrong to believe that the way to revive things is to boost confidence. But if mass confidence is what it’s gong to take, the people at the bottom of our economic pyramid need hope — not only that they’ll have jobs again and homes to keep – but protection against mortgage crooks – and restitution if they’ve been scammed. The city of Baltimore is currently pursuing a suit against Wells Fargo. Wells Fargo stands accused of d

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News Sources wrote an interesting post today on
Here’s a quick excerpt
Everyone wants the economy to bounce bank, and the President’s not wrong to believe that the way to revive things is to boost confidence. But if mass confidence is what it’s gong to take, the people at the bottom of our economic pyramid need hope — not only that they’ll have jobs again and homes to keep – but protection against mortgage crooks – and restitution if they’ve been scammed. The city of Baltimore is currently pursuing a suit against Wells Fargo. Wells Fargo stands accused of

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News Sources wrote an interesting post today on
Here’s a quick excerpt
Hello to Jack and Jill Politics Readers. Rinku Sen here from the Applied Research Center, a racial justice think tank that also publishes ColorLines magazine. We’re huge fans and friends of JJP because we share the goal of popularizing solutions to the racial divide and preparing people to fight for them. This is my first post, and I look forward to your comments and feedback. As GM sinks and the city of Baltimore prepares to sue banks that targeted Black people for subprime mortgages ,

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News Sources wrote an interesting post today on
Here’s a quick excerpt
Wells Fargo, which devoured former Charlotte corpo-powerhouse Wachovia, is being sued by the city of Baltimore for racist loan policies that have, according to the city, caused hundreds of foreclosures and cost the area tens of millions of dollars in taxes and city services. According to the New York Times , a group of Wells Fargo loan officers say they were told to engage in “reverse redlining,” in which they systematically picked out blacks in Baltimore and its suburbs for high-interest sub

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