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The epitome of corporate greed. Being sued by the City of Baltimore for predatory lending practices. One of the largest holders of properties in Cleveland, Ohio in 2007, 2008 (and on track in 2009) where their predatory practices have reduced $80,000 homes to $3,000 shacks in neighborhoods that have become blighted due to the bank’s neglect to even provide fundamental maintenance for the HUNDREDS of houses they now own. Received 25 BILLION in government assistance, yet still cannot answer the phone and refuses to even attempt to negotiate with home owners. Known to ACORN workers as one of the worst banks out there.
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