Mortgage lending flat at big TARP banks

Wells Fargo edges out BofA in originations

Get smarter. Grow your referral network at Inman Connect San Francisco
Limited seating still available, July 17-20

Residential mortgage lending was essentially flat during the fourth quarter at the 20 largest banks that the government has taken a stake in through the Troubled Asset Relief Program, or TARP.

The median change in residential mortgage loan balances at the banks was a 1 percent decline, the Treasury Department said in a report this week.