Wells Fargo had spent years as the largest retail mortgage lender in the country until it was surpassed by Rocket Mortgage (then Quicken Loans) late in 2017. In the retail category specifically, Wells Fargo is the second-highest originator in the country. Its nine-month total of $156.9 billion (including all channels) ranked behind Rocket Mortgage, PennyMac, and United Wholesale Mortgage. The company originated $51.9 billion worth of mortgages in the third quarter of 2021, down slightly from the $53.2 billion it recorded in the second quarter.
On the mortgage side of the business, Wells Fargo finished the third quarter of 2021 ranked as the 4th largest mortgage lender in the country by volume.
Headquartered in San Francisco, California, Wells Fargo is one of the nation’s largest financial services institutions, providing banking, mortgage, investing, credit card, personal, small business, and commercial financial services.
0 kommentar(er)
