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Real Estate & Property Law

: Housing Wire

Wells May Offer $4 Billion in Warehouse Lending

By DIANA GOLOBAY

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Wells Fargo & Co. (WFC: 14.89 +0.27%) is said to be in discussions to launch a warehouse lending unit that may provide billions of dollars in funding to independent mortgage bankers, Bloomberg reported last week. Wells is already telling lenders the program might provide up to $4 billion in warehouse credit, sources told Bloomberg. The announcement [...]

Full post as published by Housing Wire on April 08, 2009 (boomark / email).

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