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Home » Store » News » Wells Fargo Shuts Down Subprime Wholesale Unit; Others May Follow Suit

Wells Fargo Shuts Down Subprime Wholesale Unit; Others May Follow Suit

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Wells Fargo this week abruptly shuttered its subprime wholesale division. The move follows the closure of the lender’s subprime correspondent division earlier this month, at which time Wells said it would continue to make wholesale and retail subprime mortgages...
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