Wells Fargo Plans Foray Into Warehouse Lending

April 3, 2009 by admin · Leave a Comment
Filed under: Mortgage articles 

warehouse

San Francisco-based bank and mortgage lender Wells Fargo is reportedly looking to venture into warehouse lending, according to Bloomberg.

The paper, which cited two people familiar with the matter, said the business would be based out of Atlanta, and headed by Kenneth Lognan, who was acquired via the Wachovia merger.

Back in February, Wells chief John Stumpf said the bank had been out of the warehouse Read more