Mayors Business Council

Wells Fargo

A long standing supporter of the U.S. Conference of Mayors, Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Wells Fargo does business with one in three U.S. households and is the largest retail mortgage lender, financing one in every eight home loans in 2015, according to Inside Mortgage Finance.

Wells Fargo offers home loans to consumers through the country’s largest mortgage network, including mortgage locations and bank branches, phone, and

Wells Fargo is committed to providing sustainable homeownership opportunities for low- to moderate- income people by providing volunteer and financial resources to local and national nonprofit housing organizations. In 2015, the Wells Fargo Housing Foundation donated nearly $20 million in support of affordable housing initiatives serving low-and moderate-income households – including for seniors, veterans, and families – through neighborhood stabilization and community revitalization efforts. Since its inception in 1993, the Wells Fargo Housing Foundation has invested more than $170 million to such efforts, along with mobilizing more than 4.7 million team member volunteer hours to build and rehabilitate more than 6,500 homes and counting.

Wells Fargo provides a wide range of home loans to serve the needs of qualified borrowers including programs focused on access to credit for low- to moderate-income and first-time homebuyers. For instance, Wells Fargo’s LIFT programs offers homebuyer education plus down payment assistance responsibly to mortgage-ready homebuyers that has helped to create more than 12,000 homeowners combined in 45 communities and counting.

Special Interests:
City Livability, Community Development, Credit/Debt Rating, Debt Collection, Debt Management, Downtown Development, Economic Development, Elderly, Financial Management, Housing, Insurance, Minority Issues, Municipal Bond Counsel, Neighborhood Redevelopment, Public Financing, Real Estate, Risk Management, Small Business Development, Tax Legislation

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