Birdwatch Note Rating
2023-01-23 17:30:24 UTC - HELPFUL
Rated by Participant: 1B32044D3D15ED95F59301D4519F6C7E98791B9379257D32F5AD7C5B9DE7F9C9
Participant Details
Original Note:
Wells Fargo is reducing the size and narrowing the focus of its mortgage business. Wells Fargo will continue to lend to its existing bank customers as well as minority home buyers. (Wells Fargo press release: https://newsroom.wf.com/English/news-releases/news-release-details/2023/Wells-Fargo-Announces-Strategic-Direction-for-Home-Lending-A-Smaller-Less-Complex-Business-Focused-on-Bank-Customers-and-Minority-Communities/default.aspx)
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