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Wells Fargo earnings top expectations weeks after CEO departs – Wells Fargo, the biggest U.S. bank originator of mortgages, had its best first quarter in five years without much help from its home-loan business. Look for that to change next quarter, based on the.
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Fannie Mae elects former Wells Fargo mortgage head to Board of Directors – Previously, Heid served as the executive vice president of Home Lending for Wells Fargo. There, he served in several different positions at Wells Fargo Home Mortgage. a journalism graduate of.
Expect layoffs as D-FW mortgage industry deals with rising interest rates – Mortgage companies have already started cutting their staff as business has dried up due to the decline in home refinancing. That’s particularly bad news for North Texas, which is one of the.
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