Little Rock We need to get rid of the three strikes program for people and institute it for banks, whose criminal conduct continues to rage unabated. Wells Fargo, the West Coast based banking center, is a serial abuser of mortgage borrowers using predatory practices. Cook County, home of Chicago, and 5 million good people, has …
Tag: wells fargo
Banks Shirking Responsibility for Foreclosed Property Maintenance
New Orleans I woke up to headlines indicating that the National Fair Housing Alliance has accused Minneapolis-based U.S. Bank of effectively “red lining” blight into largely African-American and Latino neighborhoods in 35 different cities in 15 metropolitan areas. Recently the alliance added New Orleans, Dallas, New Haven, and Hampton Roads, Virginia to an amended complaint …
How About a Better Deal for Philippines Disaster Relief from US Banks & MTOs?
New Orleans The typhoon that devastated large parts of the Philippines, in a Hurricane Katrina like disaster many are seeing as part of what we can expect regularly in the future from climate change, is inspiring protests by poor countries at the UN Climate Change Conference and some corporate social responsibility, but, sadly nowhere near enough, …