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Loan Modification

: Mortgage Lender Implode-o-Meter

Wells Fargo Misses Profit Estimates as Mortgage Banking Weakens

By Implode-Explode Heavy Industries

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"Wells Fargo & Co., the largest U.S. home lender, posted a fourth-quarter profit that missed some analysts? estimates as income from mortgage banking weakened." -- Most of the "earnings increase" came from a reduction in loan loss provisions.

Full post as published by Mortgage Lender Implode-o-Meter on January 19, 2011 (boomark / email).

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