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Former Wells Fargo employee says race played a factor in subprime lending

By Jason Hancock 8/31/09

A former loan officer for Wells Fargo & Co. told Democracy Now’s Amy Goodman that accusations of racially biased lending practices at the nation’s largest mortgage provider are true.
The revelations could resonate in Iowa, where two groups have made similar accusations against the company.

Iowa foreclosures increased in 2008

By Lynda Waddington 2/3/09

Nearly 5,400 Iowa properties had foreclosure filings in 2008. That marks a 31 percent increase from 2007 and a staggering 136 percent increase from 2006.

National housing crisis mostly spares Iowa

By Lynda Waddington 12/30/08

Iowa ranked 35th in the country in total properties with foreclosure filings for November. One in every 2,529 Iowa housing units received a foreclosure filing during the month, earning the Hawkeye State a 38th-place ranking among the states.

Bankrupt in the Richest Nation, Farmers Rampage in Plymouth County

By Adam Burke 4/27/08

“What was going on was mortgage closings just the same as going on today …”
Seventy-five years ago, corn was fetching less than 10 cents a bushel and pork was at three cents a pound. A migrant class of American workers was being created. These were the desperate times of the 1930s known as the Great [...]

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