You don't say. I'll file this under the same "shit I woulda guessed" heading that I've "TSA keeps images from naked scanners" in.
And yes, this is deplorable. As someone who just had her mortgage shoved up her ass, I am feel particularly sensitive to how hard it is to understand these loan products. Intentionally trying to fuck a specific race with them is pretty heinous.
[y] Well not the part about your mortgage being shoved up your ass, but the rest of it.
Wells Fargo also settled a lawsuit that alleged they targeted black neighbhorhoods for foreclosures.