Washington, DC-May 27, 2009 -Buyers combing the real estate market for discounted property are purchasing foreclosures at a frenzied pace because the prices are too good to pass up., more
and Ex-employees claim racism in Wells Fargo subprime loan push (Baltimore Sun) New affidavits filed in city's lawsuit Wells Fargo loan officers guided minorities toward high-rate mortgages and joked that they were "riding the stagecoach to hell" for routinely steering prime-loan-qualified customers toward subprime loans, according to sworn declarations by two former employees, filed in federal court this week., more
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