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Real Estate & Property Law

: The Home Equity Theft Reporter

Pennsylvania Joins Baltimore, Memphis With Pending Lawsuit Accusing Alleged "Ghetto Loans" Peddler With Reverse Redlining In Philly Neighborhoods

By r morris

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In Philadelphia, Pennsylvania, Philadelphia Weekly reports:The Pennsylvania Human Relations Commission filed a complaint against Wells Fargo Bank early this month, claiming that the bank used reverse redlining in Philadelphia neighborhoods. In other words, Wells Fargo is accused of exploiting poor, African-American residents by allowing an abundant of sub-prime loans in densely black-populated

Full post as published by The Home Equity Theft Reporter on August 03, 2010 (boomark / email).

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