Birdwatch Note Rating
2023-01-19 14:59:19 UTC - HELPFUL
Rated by Participant: 2BF203021A4C60D21D5F28B8C0E57A7D2E1A460B12B2A462FE35D7B47FEF92B7
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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