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Wells Fargo€™s home equity headache
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Wells Fargo (WFC) dropped 6% amid renewed concerns about the value of the big lender€™s home equity loan portfolio. Wells took a $1.4 billion hit to its home equity book back in November, but analysts at Stifel Nicolaus are worried that ... |
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Wells Fargo€™s home equity headache Wells Fargo (WFC) dropped 6% amid renewed concerns about the value of the big lender€™s home equity loan portfolio. Wells took a $1.4 billion hit to its home equity book back in November, but analysts ... |
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I find it unutterably tragic that people who could not afford to remain in their homes but did have significant equity essentially had that equity siphoned off by the loan industry. There comes a point for many people when they need to ... |
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