A Troubling Pattern of Racial Disparities In Wells Fargo’s Mortgage Lending
By Jheri Hardaway Staff Writer Charlotte, NC - Wells Fargo's mortgage lending patterns demonstrate significant racial disparities in Charlotte and across North Carolina, according to a new report released by Americans for Financial Reform Education Fund, North Carolina United Power for Action/NC Industrial Areas Foundation, Organized Power in Numbers, and UNITE HERE North Carolina. The study analyzed nearly 25,000 North Carolina mortgage applications and over 16,000 mortgage loans at Wells