Industry News

Wells Fargo real estate loan banking revenue nearly triples

Company reports 13 percent jump in profit
Published on Oct 18, 2005

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by CareyBot

Gains in mortgages and other lending helped Wells Fargo, the nation’s No. 2 mortgage lender, produce a 13 percent jump in quarterly profit, helping offset losses from consumer bankruptcies and Hurricane Katrina, the company said today. Mortgage banking revenue nearly ...