Wells Fargo Rejects HALF It’s Black Applicants

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https://www.bloomberg.com/graphics/2022-wells-fargo-black-home-loan-refinancing/

Let’s discuss Bloombergs recent article on the disparity between black applicants and other races.

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00:00 Bloomberg Case Study
02:00 Current Home Refinance Boom
04:22 Racial Disparity Breakdown
05:57 Wells Fargo Compared To Other Lenders
06:47 Wells Fargo History
08:25 Wells Fargo Response
09:19 Redlining

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