Wells Fargo Reports Large Decline In Mortgage Business

Bank’s CFO said it was the largest quarter-to-quarter drop since 2003

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Wells Fargo Reports Large Decline In Mortgage Business

nationalmortgageprofessional nationalmortgageprof... | 2 years ago

Bank’s CFO said it was the largest quarter-to-quarter drop since 2003

Wells Fargo: Our mortgage business will “naturally” decline

housingwire housingwire | 1 year ago

"The mortgage market is expected to remain challenging in the near term," Mike Santomassimo, Wells Fargo's chief financial officer, said Friday. "We are making adjustments to reduce expenses in response to lower origination volumes, and we expect these adjustments will continue over the next couple of quarters." The post Wells Fargo: Our mortgage business will “naturally” decline appeared first on HousingWire.