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>> WELLS FARGO Latest News

FEB 14, 2013 - Washington Business Journal

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Mortgage lending slowing, Wells Fargo CFO says

Mortgage lending overall continues to decline as rising home sales are offset by fewer refinancings, according to Wells Fargo & Co.'s chief financial officer. The San Francisco Business Times reports on the comments by Wells Fargo CFO Tim Sloan, who was speaking at an investors conference. Wells Fargo is the biggest player in home mortgages, making one-third of them nationwide. The San Francisco-based bank is the largest bank in Austin.

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