Dailymail.com By Chris White 8/14/2024
How Kamala Harris and Doug Emhoff took out ten loans totaling $13million on their LA and DC properties - from bank she prosecuted for BILLIONSPresidential hopeful Kamala Harris and her husband Doug Emhoff have refinanced their luxury properties on the east and west coast ten times with loans totaling $13M.
The second couple, both 59, have borrowed way in excess of what they’re worth – their joint fortune estimated at $8 million by Forbes.
And, surprisingly, their various home loans and lines of credit are all with Wells Fargo Bank, the lending giant Kamala battled when she was Attorney General of California.
Harris was in litigation for years with Wells Fargo just as she and Emhoff were living in a luxury property in the Los Angeles celeb enclave of Brentwood, propped up by the bank's millions.
The Democrat presidential hopeful helped build her legacy as California’s Attorney General who 'beat the big banks’.
In February 2012 after the financial crash, Harris won $18 billion in compensation for Californian homeowners facing foreclosure, who she claimed were the victims of predatory lending.
She negotiated with five large lenders – Wells Fargo, JPMorgan Chase, Bank of America, Citigroup and Ally Financial – to stump up the cash.
Along with five county district attorneys, she also successfully sued Wells Fargo in 2016 for $8.5M over privacy violations including recording consumer’s phone calls without the correct consent.
More:
https://www.dailymail.co.uk/news/article-13669199/kamala-harris-doug-emhoff-bank-loan-la-dc-properties.html
