Birdwatch Note Rating
2023-01-15 02:43:14 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 8BDBF397F1B0C38994B74CF101F27941656BBFD61B7A5FAD90CF0EBB52C6B2B9
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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