Wells Fargo reports lower GOS and origination volume in Q4

Wells Fargo originated $48.1 billion worth of mortgages in the fourth quarter, down from $51.9 billion in the previous quarter. The bank’s mortgage lending gain on sale margin — the earnings stemming from its originations — tumbled from 204.5 basis points in the third quarter … Continue readingWells Fargo reports lower GOS and origination volume in Q4

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