Posted by Linda_in_MI on 7/30/13 7:24am
Msg #478473

News alert: Wells ending 8 joint ventures

Link courtesy through a group in LinkedIn. "The company said in a press release that it made the decision based on the current regulatory and market environment."

http://www.nationalmortgagenews.com/dailybriefing/Wells-Ending-Mortgage-Joint-Ventures-1037792-1.html

Reply by MW/VA on 7/30/13 8:58am
Msg #478480

First paragraph says it only affects 3% of their mortgage

business & has no impact on their retail mortgage services.

Reply by Linda_in_MI on 7/30/13 12:16pm
Msg #478539

Read the entire article on lending LLCs involved n/m