"Ghetto loans” allegedly target minorities

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/images/06/11/costello.baltimore.mayor.art.jpg caption="Baltimore mayor Sheila Dixon alleges Wells Fargo violated the federal Fair Housing Act."] From CNN's Bob Ruff and Carol Costello Once upon a time, many banks didn't loan money to minorities seeking home mortgages. The practice is called "redlining." The name comes from the notion that some banks and real estate agencies … Continue reading "Ghetto loans” allegedly target minorities