Skip to content
Sign In
Create Account
Sign Out
My Account
Cart
Inside Mortgage Finance
MBS & ABS
The GSEs
The CFPB
Mortgage Trends
FHA/VA Lending
Nonconforming Markets
Data
Subscribe to Data
Home
»
Inside Mortgage Trends
» Profitability a Key Factor as Wells Shrinks Mortgage Operations
Looking to read the full article? Register for free access to IMFnews content today!
Profitability a Key Factor as Wells Shrinks Mortgage Operations
January 20, 2023
Brandon Ivey
Officials at the bank suggest Wells won’t take much of a hit from the loss of correspondent production. And profitability on the servicing side is expected to improve as the portfolio shrinks.
Inside Mortgage Trends
Earnings
Profitability
Channels
Servicing
Purchase this article for $55.00
Subscribe To The Newsletter
Latest Imf News
Originations, Mortgage Earnings Decline in 3Q at Chase, Wells
MBA Pitches Housing Affordability Options
AI Mortgage Originations Without an LO Face Complications
Residential Transition Loan Players Optimistic Amid Higher Rates
More Imf News
Featured Data
ARM Production Rebounds
Originations of Home Equity Loans Rise 20% in 2Q
Origination Share Up for Nonbanks, Large Lenders in 2026
GSE MBS Issuance Increases in August
More Featured Data
Featured Reports
Top Mortgage Players: 2Q26 (PDF)
Mortgage Profitability Report 2Q26 (PDF)
IMF Mortgage Directory: Full interactive database
Mortgage Servicing Rights Report: 2Q26 (PDF)
More Latest Reports
Featured Poll
As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?
We’re already in on the action!
No, it’s out of our wheelhouse.
Yes, it’s a great opportunity.
View Results