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Wells Fargo: Correspondent Lending Still Has 'A Key Role'

Wells Fargo has no intention of abandoning the corresponding lending sector, company executives say. Reacting to reports that suggest the nation's third-largest bank may leave the sector, a Wells Fargo executive sent an email to clients last week stating that “Correspondent has been an essential part of Wells Fargo Home Lending’s success and continues to play a key role as we adapt to a changing industry.”
United States Mike Santomassimo Michael Ringwood Tom Goyda National Mortgage Wells Fargo

Loan Sales, POS, CD, Jumbo Products; Rocket Earnings and Industry Changes; Capital Markets

Remember how you wished that the pandemic wouldn’t be in the headlines every day? You got it! Unfortunately, it has been replaced by the Russian invasion of Ukraine, long discussed and now occurring, and we can all watch and follow along due to technology. Technology is flippin’ amazing. I believe that, at any given time, there are approximately 60,000 people in the air over the U.S., and thank you to Orion’s Jeremy S. for sending this live map of airplanes in the air anywhe...
United States San Francisco Freddie Mac Rob Wilson Adam Morris James Hooper

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