Birdwatch Note Rating
2023-01-19 23:36:43 UTC - NOT_HELPFUL
Rated by Participant: 68D88DDA4BEE7AFED3B36C4B9A24F0419DAFAAA37DD1639009986119B5E15950
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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