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refi burnout

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Wells Fargo: time to head for the exits? HW+

Mar 01, 2014By

Now is about the death of the mortgage refinancing business, a huge driver of Wells Fargo’s revenues in the post-crisis period; in fact, Wells Fargo had surpassed Bank of America to become America’s lender, funding more mortgage volume than any other large commercial bank in the country in 2012 and 2013. With the refi boom now over, what’s next?

3d rendering of a row of luxury townhouses along a street

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