Relevant:
- Wells Fargo tightens noose on third-party originations
- Wells Cuts Wholesale; Claims No Settlement Connection (Premium)
- "Whistles Were The Only Thing Not Being Blown By Wells Fargo"
- Wells Fargo's Premiere Asset Services: No More SFDPA's, Thank You!
- Wells Fargo Enters Joint Venture to Fund NYC Broker’s Mortgages
2008-04-28 — ml-implode.com
"Due to secondary market execution risk, Wells Fargo Wholesale Lending has implemented a new 3.00 price adjuster." We were warned this might happen! Read the entire original PDF file from Wells by clicking the permalink.
For more analysis, and another point of view, click here for Mr. Mortgage's take on this announcement.
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