When you see the words minority and loan used together it means sub-prime lending. In other words super high interest rates and all but guaranteed defaults.
I got a mortgage 1.5 years ago, they kept changing my race to Latino.
I tried to correct the electronic application, back to Latino.
I told the Loan Spec, kept at Latino.
I signed the loan anyway, guess I'm now Latino... do I fill this out next census, hombres?
Wells Fargo (NYSE: WFC) announced today strategic plans to create a more focused Home Lending business aimed at serving bank customers, as well as individuals and families in minority communities.
As well as you fucking imbecile. English, do you fucking speak it?
No, you aren't going to be denied a mortgage at WF because you are white.
as well as individuals and families in minority communities.
So, all this press for no change at all? They weren't denying minorities loans in the first place. This is just corporate speech geared toward plausible deniability and you know it.
When you see the words minority and loan used together it means sub-prime lending. In other words super high interest rates and all but guaranteed defaults.
Literally printing money. And when their greed gets too much and too many defaults happen at once, daddy government bails them out.
"White people aren't buying at these interest rates" --> somehow usury that targets minorities is virtuous 🤦
They aren't refusing to give mortgages to whites you gullible clown.
Name a single instance where this happened
2008 ring a bell, jewboy?
Why did you delete your comments?
Wasn't mine.
Name a single instance where this happened. I'm waiting
Name one single instance where what you describe ever happened. Just one single actual example
Exactly, I suspect.
didn't WF just say they were getting out of the mortgage biz?
No they didn't. That's bullshit disinfo.
They won't because Infowars are lying about what WF is actual doing and you idiot retard are just believing it.
Moron.
Karl is evidence that the vax blocks vital brain arteries. You can tell from his comment history when the breaker blew.
As I understand it...(because sometimes I read more than headlines)...
They are tapering out of Loan Servicing and Correspondence as a service to the mortgage industry
They are refocusing (those capabilities) on lending internally to their retail bank customers.
I got a mortgage 1.5 years ago, they kept changing my race to Latino. I tried to correct the electronic application, back to Latino. I told the Loan Spec, kept at Latino.
I signed the loan anyway, guess I'm now Latino... do I fill this out next census, hombres?
Profits?
More disinfo outrage porn.
From the actual press release:
https://newsroom.wf.com/English/news-releases/news-release-details/2023/Wells-Fargo-Announces-Strategic-Direction-for-Home-Lending-A-Smaller-Less-Complex-Business-Focused-on-Bank-Customers-and-Minority-Communities/default.aspx
As well as you fucking imbecile. English, do you fucking speak it?
No, you aren't going to be denied a mortgage at WF because you are white.
Corporate lingo is the antithesis of English.
So, all this press for no change at all? They weren't denying minorities loans in the first place. This is just corporate speech geared toward plausible deniability and you know it.