Thread regarding Wells Fargo & Co. layoffs

Mortgage still doing well

For all the rural flyover country complainers on here:

MORTGAGE is still doing quite well at Wells!

Yes volume is down but Charlie’s brilliant strategy to AXE everyone in cheap flyover states and focus on the elite, hip markets is paying dividends. Still have the best jumbo products and rates. Still put a big focus on rich, wealthy elites in hip, trendy markets. Not cheap St Louis or Des Moines.

We are doing quite well, thank you. My income is down about 30% from 2021 but I’m on track to do quite well this year for sure.

Wells Fargo is very much in the game when it comes to mortgage!

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Post ID: @OP+1rPRfUiP

6 replies (most recent on top)

Charlie doesn't want a mortgage business at all, so he'll make sure that it never really is competitive. When it slowly dies on the vine, he'll eventually pull the plug on the entire thing. Selling mortgages requires some US workers. Shart doesn't want any of those.

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Post ID: @2okp+1rPRfUiP

in 2024 I still hear several president's club Private Mortgage Bankers saying WF never has the best jumbo rates and they routinely lose deals to competitors. They are trying to do more by re-vamping (AGAIN) the relationship-based pricing discount tiers but the base rates are never the best.

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Post ID: @1rmf+1rPRfUiP

Charlie's wife: Eight is great.

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Post ID: @1jtv+1rPRfUiP

That's enough Kool Aid for today. EIGHT CUPS too many.

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Post ID: @1yuh+1rPRfUiP

I love Wells Fargo mortgage!

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Post ID: @hev+1rPRfUiP

yous gots April Fools jokes OP.

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Post ID: @iol+1rPRfUiP

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