How will Wells Fargo handle mortgages now that the refi boom is over? – MarketWatch (blog)


MarketWatch (blog)

How will Wells Fargo handle mortgages now that the refi boom is over?
MarketWatch (blog)
The dearth of refinancings has changed the makeup of the mortgage unit. Home purchases now make up two-thirds of the bank's mortgage-origination revenue, compared to one-third a year ago. But Sloan said making new mortgages plays to Wells Fargo's ...
No Home For Mortgages [JPMorgan Chase & Co., Wells Fargo & Co, Barclays ... Seeking Alpha

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