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Real Estate & Property Law

: The Home Equity Theft Reporter

More On The City Of Baltimore v. Wells Fargo "Ghetto Loans" Predatory Lending Case

By r morris

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In a recent interview with Democracy Now!, Wells Fargo whistleblower and ex-subprime loan officer and sales manager Elizabeth Jacobson speaks out on some of the predatory lending practices allegedly engaged in by her former employer.(1)I) On the incentives for Wells Fargo loan officers to allegedly bulldoze every would-be borrower into a subprime loan:I was at Wells Fargo for nine years, and I

Full post as published by The Home Equity Theft Reporter on August 31, 2009 (boomark / email).

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