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>> WELLS FARGO Latest News

FEB 14, 2013 - Washington Business Journal

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Wells Fargo CFO says mortgage lending slowing

Wells Fargo & Co. CFO Tim Sloan said Wednesday mortgage lending continues to slow as the pace of financing home purchases doesn't fully offset a slowing in refinancings of existing mortgages. The San Francisco bank is making one-third of the nation's mortgages, making it by far the dominant player in home financing. So all eyes are on how the bank's substantial mortgage business is faring. The bank's recent conference calls with investors at times seem to be a game of how many different ways analysts…

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