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Wells Fargo Confirms Mortgage-Related Job Eliminations

The bank reported a first-quarter drop in net income that was the largest it had seen since 2003 and was largely driven by lower refinancing activity.

Apr 25, 2022
Housing Market At 'Inflection Point' As Home Builder Confidence Falls Again

NAHB/Wells Fargo Housing Market Index falls for fourth straight month.

Apr 18, 2022
Wells Fargo Reports Large Decline In Mortgage Business

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

Apr 14, 2022
Senators Seek Regulatory Review Of Wells Fargo Over Discrimination Claims

Letter sent to HUD, CFPB questions whether bank followed federal nondiscrimination rules.

Wells Fargo Sued Over Discriminatory Home Lending Practices

Law firm Ellis George Cipollone says it filed suit in federal court in Calif.

Mar 21, 2022
KBRA Assigns Preliminary Ratings To WFMBS 2022-1

The prime residential mortgage-backed securities transaction comprises 691 residential mortgages with an aggregate principal balance of approximately $463 million as of the Jan. 1, 2022, cut-off date.

Jan 10, 2022