Wells Fargo to lessen home loan servicing, exit correspondent organization

Jan 10 (Reuters) – Wells Fargo (WFC.N) stated on Tuesday the bank is exiting the Correspondent business enterprise and strategies to minimize the dimensions of its Servicing portfolio to sharpen its focus in direction of its property finance loan small business.

Reporting by Mehnaz Yasmin in Bengaluru Editing by Krishna Chandra Eluri

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