County will yank $3.8M from Wells Fargo over ‘aggressive’ foreclosures

Essex County is severing its relationship with Wells Fargo and pulling $ 3.8 million from its accounts, citing the bank's “malicious and insensitive” treatment of people and “aggressive” foreclosure practices. “The predatory lending schemes and aggressive foreclosure proceedings practiced by Wells Fargo destabilizes neighborhoods and has a negative impact on families and the community,” County […]