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August 4, 2018 04:42 pm PDT

Wells Fargo: we stole houses and we're being investigated for dirty low-income housing credits

In its latest round of shareholder disclosures, Wells Fargo admitted that it "unnecessarily foreclosed" on 400-odd householders (that is, stole their houses) and failed to grant loan modifications to 625 qualified borrowers (this is just the latest revelation about Wells Fargo stealing houses); it's also being investigated for its practice of purchasing low-income housing credits. (via Naked Capitalism)


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/s77bBzPeLuY/whoops-sorry-about-that.html

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