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Business News

Memphis Accuses Wells Fargo of Discriminating Against Blacks

Dec. 30, 2009
A lawsuit by the City of Memphis says bank officials steered blacks toward high-interest subprime loans.
Related Stories from UPI.com

Study: Race disparities in N.Y. mortgages

NEW YORK, Oct. 15 (UPI) -- Black and Hispanic New York home buyers were more likely to get high-interest subprime mortgages than similar-income white buyers, a university analysis found.
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch