Wells Fargo
Summary:
Who We Are:
At Wells Fargo, we want to satisfy all of our customers'
financial needs and help them succeed financially. Wells
Fargo is the nation’s leading residential mortgage lender,
funding one of every three mortgage loans in the United
States and servicing one of every six mortgage loans in the United
States. A division of Wells Fargo Bank, N.A., Wells Fargo
Home Mortgage operates the country’s largest mortgage
network through more than 2,500 mortgage and Wells Fargo banking stores, and on the
Internet.
The company services more than 9 million mortgage
customers nationwide.
More information about Wells Fargo:
• Wells Fargo is the nation’s leading residential mortgage
lender with a volume of $131.40 billion in new originations
and a 33.1 percent market share based on second quarter 2012 data
compiled by Inside Mortgage Finance.(7/26/12)
• Wells Fargo is the nation’s largest mortgage loan servicer
with a loan servicing portfolio valued at $1.9 trillion based on
second quarter 2012 data compiled by Inside Mortgage Finance.
(7/26/2012)
• Wells Fargo Home Mortgage is the nation's No. 1
originator of renovation financing based on the second quarter 2012 HUD
Endorsed report. Wells Fargo Home Mortgage had 4,968
endorsements for a total market share of 30.4 percent.
• Wells Fargo Home Mortgage was the number one
provider of funding for newly constructed homes in the first half of
2011 according to statistics compiled by Marketrac®.
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. Since its
inception in 1993, the Wells Fargo Housing Foundation has
stewarded nearly $200 million dollars and 4.5 million team member
volunteer hours in support of creating affordable housing and
community revitalization programs. Wells Fargo Housing Foundation’s
Team Member Volunteer Program has mobilized more than 175,000
volunteers to build or refurbish 4,000 homes in low-to-moderate
income communities. In 2011, Wells Fargo programs delivered a
record 1245 donated properties to support local affordable housing
and community revitalization programs.
Wells Fargo’s Leading the Way Home® initiative helps
communities understand and act on efforts to stabilize their
current housing situation while advancing homeownership
to build a strong community for the future. This program was
borne out of an awareness that community and government
leaders look to Wells Fargo for information, insight and
solutions to some of the housing issues communities face in
today’s economy including foreclosures.
Financial Literacy is Important. Wells Fargo is a leader in
educating consumers about money management, and
provides free tools and advice to make it easy and routine.
We offer programs – both at Wells Fargo and through
relationships with local organizations and credit
counselors–that help our customers better understand
credit management, their credit reports and the importance of
maintaining good credit. The Hands on Banking®/El futuro en
tus manos® program is a free, comprehensive curriculum
that teaches children and adults the money management skills
they need. It is commercial-free and available through the
Internet, CD-ROMs and accompanying teaching guides.
Topics include the basics of banking, budgeting, investing,
maintaining checking and savings accounts, purchasing a
home, and starting a small business.
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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