Wells Fargo Ranked as Top Refinance Lender And Top Purchase-Money Originator in 2008
March 19, 2009
Refinance lending accounted for over half of new mortgage originations last year, helping to prop up a market under serious distress from a swoon in housing sales activity. Wells Fargo ranked as the top refinance lender in 2008, with $103.2 billion in such production for the year. That represented 43.5 percent of the company’s total originations... [Includes two charts]