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Wells Fargo faces regulator probe over efforts to boost Black homeownership, WSJ reports

Source: reuters.com

Regulation & LegislationBanking & LiquidityHousing & Real Estate
Wells Fargo faces regulator probe over efforts to boost Black homeownership, WSJ reports

The Trump administration’s housing officials are launching a probe into Wells Fargo over programs and commitments the bank made nearly a decade ago to increase homeownership among Black Americans, according to The Wall Street Journal. The article provides no details on the probe’s scope or potential consequences.

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