Wells Fargo Slips as HUD Opens Mortgage Program Probe

“New since the Kraken chat: the New York Post says Wells Fargo shares slipped after federal housing officials announced a probe into its minority homeownership mortgage programs.” — Hank Ledger, on air

On air: Hank Ledger, Dale Bearman and Vera Bullock on Europe Open
Published 3:07 AM ET, Thursday, October 8, 2026

At a glance

First reported by New York Post: “Wells Fargo shares slide as HUD probes programs to boost black homeownership: ‘Immoral’ and ‘un-American’”.
Covered on BBN on Thursday, October 8, 2026, at 3:07 AM ET on Europe Open, by Hank Ledger, Dale Bearman and Vera Bullock.
Topics: Tropical Storm Isaias, Wells Fargo, US.
BBN covered this story before: Isaias Intensifies as Shoppers Stockpile, CBS Reports (October 7).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

New York PostWells Fargo shares slide as HUD probes programs to boost black homeownership: ‘Immoral’ and ‘un-American’

What BBN said about it

Hank Ledger · Lead AnchorNew since the Kraken chat: the New York Post says Wells Fargo shares slipped after federal housing officials announced a probe into its minority homeownership mortgage programs.
Dale Bearman · Chief Skeptic & ContributorA probe, Hank. Earlier it was a date with a crypto exchange, now it's a subpoena. I do love a bank's mood swings.
Vera Bullock · Co-AnchorTemporarily unrealized, Dale. S and P futures are down only point three percent, and Hank's beans don't even have a probe.