Birdwatch Note Rating
2023-01-15 06:56:04 UTC - HELPFUL
Rated by Participant: 547B46B38A1CB3060240F9F561852ADB212E08AA27CDAE1D9BE8DDCD9A5D2518
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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