Photo via Smith Collection/Gado/Getty Images; photo courtesy BET.com
Wells Fargo Approved Less Than Half Its Black Homeowner Refinancing Applications In 2020
From BET.com:
“A Bloomberg News analysis published Friday (March 11) uncovered a significant racial disparity in refinancing approval rates between Black and white homeowners in 2020 at one of the nation’s largest banks—in an industry with a history of racial discrimination.”
Read more on BET.com: https://www.bet.com/article/mi0uej/wells-fargo-approved-half-black-homeowner-refinance-applications-2020