Wells Reports 4Q Results, Residential Fundings Down Almost 70% Compared to a Year Ago

Inside Mortgage Finance, Jan. 13, 2023–Paul Muolo
Of course, Wells isn’t just any mortgage participant. It ranks first among servicers and for many years was the largest single-family funder until it ran into regulatory problems over rate-locks and foreclosures and was overtaken by nonbanks the likes of Rocket Mortgage and United Wholesale.
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