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the (HAMP) program is $522" - DSnews.com

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Wells Fargo Sued For Discriminatory Lending


Wells Fargo which is the 4th largest lender is being sued due to Discriminatory Lending. The claim alleges that African American Borrowers were taken advantage of, and swayed into high cost sub-prime Loans.  The hope is that this issue will be settled and will not go to trial.  There are over 10,000 borrowers who were convinced to accept the sub-prime loans or "had their loan documents falsified by bank personnel."