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Wells Fargo shares slide as HUD probes programs to boost black homeownership: ‘Immoral' and ‘un-American'

Source: nypost.com

Regulation & LegislationHousing & Real EstateBanking & Liquidity
Wells Fargo shares slide as HUD probes programs to boost black homeownership: ‘Immoral' and ‘un-American'

Wells Fargo shares slipped after federal housing officials announced a probe into mortgage programs aimed at boosting Black and minority homeownership. The article gives no details on the probe’s scope or the size of the stock decline.

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