Banking

Wells Fargo, once a mortgage giant, shrinks home-lending business

Move comes weeks after $3.7 billion U.S. consumer watchdog’s fines

Wells Fargo said late Tuesday it was shrinking its home-mortgage business, aiming to serve its own bank customers as well as people in “minority communities.”

Read more here: https://www.marketwatch.com/story/wells-fargo-once-a-mortgage-giant-shrinks-home-lending-business-11673387488?mod=mw_lat

Categories
Banking