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ashling

(25,771 posts)
Fri May 1, 2015, 03:31 PM May 2015

Wells Fargo Is Baltimore’s Real Looter

http://reverbpress.com/justice/wells-fargo-is-baltimores-real-looter/

http://reverbpress.com/wp-content/uploads/2015/05/empty-homes-708x350@2x.png

“Wells Fargo, Ms. Jacobson said in an interview, saw the black community as fertile ground for subprime mortgages, as working-class blacks were hungry to be a part of the nation’s home-owning mania. Loan officers, she said, pushed customers who could have qualified for prime loans into subprime mortgages. Another loan officer stated in an affidavit filed last week that employees had referred to blacks as ‘mud people’ and to subprime lending as ‘ghetto loans.'”[div]

“’Wells Fargo mortgage had an emerging-markets unit that specifically targeted black churches, because it figured church leaders had a lot of influence and could convince congregants to take out subprime loans.’”




“More than half of Baltimore properties subject to foreclosure on a Wells Fargo loan between 2005 and 2008 are vacant, 71 percent of them in predominantly black neighborhoods. Baltimore still had the ninth-largest number of foreclosures in the country last year [2014] at 5,200.”
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Wells Fargo Is Baltimore’s Real Looter (Original Post) ashling May 2015 OP
fortunately wells fargo and their kin got a get out of jail free card from current administration nt msongs May 2015 #1
You've got some html issues causing alignment problems on the reply page. Make7 May 2015 #2

msongs

(67,381 posts)
1. fortunately wells fargo and their kin got a get out of jail free card from current administration nt
Fri May 1, 2015, 04:13 PM
May 2015

Make7

(8,543 posts)
2. You've got some html issues causing alignment problems on the reply page.
Fri May 1, 2015, 04:18 PM
May 2015

There is an unclosed [div] element - what should be your closing tag is missing the forward slash. That is making things look weird on the reply page.

I don't think you need all the nested blockquote and excerpt elements, just put all the quoted stuff in one excerpt.

Try this:

[div class="excerpt style="margin-left:1em; border:1px solid #bfbfbf; border-radius:0.4615em; box-shadow:-1px -1px 3px #bfbfbf inset;"]http://reverbpress.com/justice/wells-fargo-is-baltimores-real-looter/

http://reverbpress.com/wp-content/uploads/2015/05/empty-homes-708x350%402x.png

[div class="excerpt"]“Wells Fargo, Ms. Jacobson said in an interview, saw the black community as fertile ground for subprime mortgages, as working-class blacks were hungry to be a part of the nation’s home-owning mania. Loan officers, she said, pushed customers who could have qualified for prime loans into subprime mortgages. Another loan officer stated in an affidavit filed last week that employees had referred to blacks as ‘mud people’ and to subprime lending as ‘ghetto loans.'”

...

“’Wells Fargo mortgage had an emerging-markets unit that specifically targeted black churches, because it figured church leaders had a lot of influence and could convince congregants to take out subprime loans.’”

...

“More than half of Baltimore properties subject to foreclosure on a Wells Fargo loan between 2005 and 2008 are vacant, 71 percent of them in predominantly black neighborhoods. Baltimore still had the ninth-largest number of foreclosures in the country last year [2014] at 5,200.”[/div]

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