Former Chase Banker Admits His Bank Pushed Minorities Into Subprime Mortgage Loans

Former Chase Banker Admits His Bank Pushed Minorities Into Subprime Mortgage Loans: pOne of the most pernicious practices in which the nation’ biggest banks engaged during the lead up to the financial crisis was pushing minority borrowers into subprime loans, even when many of them qualified for prime loans. Wells Fargo had perhaps the most horrifying practices in this department, calling the subprime loans that they pushed [...]/p