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April 26, 2005
Article: Wells Fargo Mortgages Discriminatory?
The Association of Community Organizations for Reform Now (ACORN) has published a study accusing Wells Fargo of predatory lending. The bank responded by claiming the research is invalid.
Are financial institutions still red-lining based on race and class? Perhaps, but I've not read the study myself...
Wells Fargo Mortgages in Milwaukee Criticised as Discriminatory