In the case of Baltimore, Wells Fargo employees targeted black families for subprime home mortgages in the run up to the 2008 financial crisis, even when they q

In the case of Baltimore, Wells Fargo employees targeted black families for subprime home mortgages in the run up to the 2008 financial crisis, even when they qualified for conventional mortgages with lower rates. Wells Fargo organized events for African Americans on "how to build generational wealth," but internally said they were selling "ghetto loans" to "mud people." https://www.nytimes.com/2009/06/07/us/07baltimore.html https://www.nytimes.com/2009/06/07/us/07baltimore.html https://consumerist.com/5283290/affidavits-on-how-wells-fargo-gave--ghetto-loans-to-mud-people.html https://consumerist.com/5283290/affidavits-on-how-wells-farg...