Wells Fargo Buys $14B of Delinquent Mortgages Tied to Pandemic
American Banker, July 13, 2020–Kate Berry (subscription)
Wells Fargo has purchased $14 billion of delinquent government-backed mortgages this month, leading the pack among servicers beginning to feel the balance-sheet pinch of the coronavirus pandemic.
https://www.americanbanker.com/news/wells-fargo-buys-14b-of-delinquent-mortgages-tied-to-pandemic
