The Washington Independent

Posts Tagged minority borrowers

Suit Alleges Trusted Blacks Drew Minorities to High-Rate Loans

By | 09.17.09 | 2:39 pm

As the housing market began booming in the mid-2000s, Wells Fargo & Co. teamed up with prominent African American commentator and PBS talk show host Tavis Smiley and financial author Kelvin Boston, the host of “Moneywise,” a multicultural financial More…

Blaming the Wrong Borrowers

By | 10.01.08 | 8:42 am

Media Matters weighs in on the topic we wrote about Tuesday on TWI — the fact that blaming low-income and minority borrowers for the housing crisis is picking up speed as reason for the cause of the housing crisis.

Conservatives are blaming the Community Reinvestment Act, an anti-redlining More…