Baltimore v Wells Fargo - Targetting Blacks for Subprime

The Consumerist blog has posted the full text of the two remarkable Wells Fargo loan officer affidavits that describe in detail the lender's systematic targetting of Black homeowners to sell them high-price subprime mortgages, regardless of how good their credit might have been. The case of City of Baltimore vs. Wells Fargo Bank, 1:08-cv-00062-BEL in the Maryland Federal District Court, is now in discovery, Judge Legg having denied a motion to dismiss in July.