Wells Fargo announces strategic direction for home lending

Sustainability & Regulation Community
Q+
23/01/2023 News

Wells Fargo announced strategic plans to create a more focused home lending business aimed at serving bank customers, as well as individuals and families in minority communities. Notably, the company is exiting the Correspondent business and plans to reduce the size of its servicing portfolio. These plans continue the work the company has advanced over the past three years to simplify this business. 

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