Wells Fargo Reports lower GOS and Origination Volume in Q4

January 17, 2022

HousingWire, Jan. 14, 2022–Maria Volkova
Wells Fargo originated $48.1 billion worth of mortgages in the fourth quarter, down from $51.9 billion in the previous quarter. The bank’s mortgage lending gain on sale margin tumbled from 204.5 basis points in the third quarter to 162.16 basis points in the fourth quarter.
https://www.housingwire.com/articles/wells-fargo-reports-lower-gos-and-origination-volume-in-q4/