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One of the largest home lenders in the US, Wells Fargo Home Mortgage originates and services one- to four-family residential first and junior-lien mortgages and home equity loans as part of the massive Wells Fargo banking family. The division also securitizes and sells home loans that it does not keep for its portfolio, which weighs in at more than $100 billion in assets. California represents its largest market by far. The division has seen its loan volume decline as the nationwide mortgage refinancing boom cools, however. Wells Fargo issues and refinances mortgages at bank branches and online, as well as through joint ventures.
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Address: |
405 SW 5th St. Des Moines, IA 50309
| | Phone: | 515-237-7900 | | Fax: | |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2007): | 57.40 M | | Employees (2007): | 4,000 |
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Key People
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Co-President, National Consumer Lending and Institutional Le:
Cara K. Heiden
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Co-President, Capital Markets, Finance, and Administration:
Michael J. Heid
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