According to President Jerry Selitto, the company used traditional LOs when it launched in 2016, but then switched gears “after we realized that’s not the model we wanted.”
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December 2016 represented the 56th straight month of annual home price appreciation, with values rising 5.5 percent over the course of the year…
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For Wells, the bigger question might be: did its “account fabrication” scandal of 2016 (which is still reverberating at the company) affect its mortgage business?
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