“The Federal Reserve shouldn't take advice from predatory lenders. Our report shows that Wells Fargo targets minority communities and others for abusive loans. We are stepping up the pressure against Wells Fargo and we will continue to do so until they change their ways.”
“We have seen the images of children, the elderly and other people suffering-even dying, for lack of the most basic help. Surely in the wealthiest country on earth, we can find a way to get basic necessities like water to those in need, and get them to safety quickly, if there is really a will from our nation and government.”
“ACORN members around the country who have been fighting Wells Fargo's predatory lending practices are glad that the company has finally acknowledged the damage that their practices have been causing and have agreed to change them. However, Wells still needs to compensate the families and communities its predatory lending has hurt. In addition, these business practice changes must be made permanent and enforceable by Court order. Otherwise, Wells could revert to its old ways of doing business.”
