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At Close: Aug 05, 2026
Wells Fargo Is Backing Out Of The Mortgage Market - What Does It Mean For Homebuyers?
11:52am, Wednesday, 11'th Jan 2023
While not exiting it entirely, they'll be focusing on only providing mortgages to their existing customers, and those in minority communities.
Higher Interest Rates, Loans to Aid BofA (BAC) Q4 Earnings
11:40am, Wednesday, 11'th Jan 2023 Zacks Investment Research
Higher interest rates, decent loan demand and robust trading performance are expected to have supported BofA's (BAC) Q4 earnings.
Wells Fargo is stepping back from mortgages after the Fed's rate hikes cratered the US housing market
11:30am, Wednesday, 11'th Jan 2023
The US bank will now offer home loans only to existing customers and minority communities, after mortgage rates followed interest rates higher and hit demand.
The '2023 Recession': Why So Certain? (+3 Dividend Buys)
10:37am, Wednesday, 11'th Jan 2023
Wall Street seems to agree that we'll be entering a recession. I just can't accept that at face value.
Wells Fargo Pulls Back From Mortgage Market
10:10am, Wednesday, 11'th Jan 2023
Wells Fargo, once the number one player among major banks in the U.S. mortgage market, has said it will step back from the mortgage business ahead of its latest earnings report.
Why AT&T Stock Topped the Market on Tuesday
10:34pm, Tuesday, 10'th Jan 2023 The Motley Fool
Although macroeconomic factors are producing drag at the moment, one pundit believes there is plenty of reason to be bullish on the company.
Jefferies stock rises on merchant banking strength
07:56pm, Tuesday, 10'th Jan 2023 MarketWatch
Analyst sums up Jefferies as a decent result in an overall messy quarter as the company kicks off earnings season for Wall Street banks
Wells Fargo is scaling back its mortgage-lending business
07:17pm, Tuesday, 10'th Jan 2023
Wells Fargo & Co (NYSE: WFC) just revealed plans of trimming its footprint in home lending. Moving forward, it will offer home loans only to existing customers and “minority” borrowers.
JPMorgan Chase CEO Jamie Dimon sticks to hiring plans and dials back prediction of economic ‘hurricane’
06:18pm, Tuesday, 10'th Jan 2023 MarketWatch
CEO lambastes FTX as a 'decentralized Ponzi scheme' and says JPMorgan continues to add staff as it opens more branches around the globe.
Wells Fargo to scale back housing business, Vitamin Shoppe-owner considers going private
05:52pm, Tuesday, 10'th Jan 2023
Wells Fargo has stated that it will be pulling back on its real estate offering operations while Franchise Group, the parent company of Vitamin Shoppe, is reportedly considering taking its company pri
Wells Fargo Is Shrinking Its Mortgage Business
05:40pm, Tuesday, 10'th Jan 2023
Once the nation's biggest mortgage lender, the bank will lend primarily to existing customers and minority borrowers.
Wells Fargo to significantly step back from housing market
05:24pm, Tuesday, 10'th Jan 2023
CNBC's Hugh Son joins 'Closing Bell: Overtime' to report that Wells Fargo has decided to take a significant step back from the mortgage market.
Wells Fargo, once a mortgage giant, shrinks home-lending business
04:51pm, Tuesday, 10'th Jan 2023
Wells Fargo said late Tuesday it was shrinking its home-mortgage business, aiming to serve its own bank customers as well as people in “minority communities.”
Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market
04:23pm, Tuesday, 10'th Jan 2023
It's the latest, and perhaps most significant, strategic shift that CEO Charlie Scharf has undertaken since joining Wells Fargo in late 2019.
Benzinga's Top Ratings Upgrades, Downgrades For January 10, 2023
03:01pm, Tuesday, 10'th Jan 2023 Benzinga
Upgrades
Morgan Stanley upgraded the previous rating for Stem Inc (NYSE:STEM) from Equal-Weight to Overweight. In the third quarter, Stem showed an EPS of $0.22, compared to $0.15 from the year-ago qu
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