Wells Fargo president John Stumpf said Friday that the nation’s largest mortgage banking operation won’t be bitten by the subprime credit crunch because Wall Street assumes the risk of its loans.
He said it, we report it
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An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]
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