Who We Are:
At Wells Fargo, we want to satisfy all of our customers' financial needs, help them succeed financially, be the premier provider of financial services in every one of our markets, and be known as one of America's great companies.
Wells Fargo is one of the nation's leading retail mortgage lenders and a leading services one in every seven mortgage loans in the nation. As a division of Wells Fargo Bank, N.A., it has a national presence in mortgage stores and banking stores, and also serves the home financing needs of customers nationwide through its call centers, Internet presence and third-party production channels. WFHM services loans for more than 8 million customers.
More information about Wells Fargo
- Wells Fargo Home Mortgage is a leading residential mortgage lender with a volume of $237.15 billion in new originations and a 16.0 percent market share based on year-end 2008 data compiled by Inside Mortgage Finance. (01/29/09)
- Wells Fargo Home Mortgage is one of the leading mortgage servicers with a loan servicing portfolio valued at $1.78 trillion based on year-end 2008 data compiled by Inside Mortgage Finance. (02/06/09)
- Wells Fargo is the nation's No.1 originator of renovation financing based on the Fiscal Year 2008 HUD Endorsed report. Wells Fargo Home Mortgage had 965 endorsements for a total market share of 35.35 percent.
- Wells Fargo Home Mortgage provided funding for one out of every eleven newly constructed homes in 2008 according to third quarter 2008 statistics compiled by Marketrac®. Wells Fargo Home Mortgage ranked No. 1 with 11,951 loans for a volume of $3.2 billion and market share of 10.77 percent.
- Wells Fargo Home Mortgage is the nation’s leading retail originator of reverse mortgages, helping mature homeowners age 62 and older capitalize on the equity they have built in their homes to secure financial independence and peace of mind. In 2008, more than 21.56 percent of customers nationwide trusted their reverse mortgages to Wells Fargo Home Mortgage.
- Wells Fargo Home Mortgage introduced Steps to SuccessSM program to include almost all Wells Fargo Home Mortgage FHA and VA customers and first-time homebuyers and Wells Fargo Financial mortgage customers to help even more customers take good care of their mortgage, their money and their homes. As of early 2009, the program already automatically enrolled more than 15,000 customers.
- Wells Fargo is committed to increasing low to moderate-income homeownership through the development of affordable housing. Through its foundations, Wells Fargo has contributed $33 million to LMI homeownership initiatives to prepare people for, and provide them with sustainable homeownership. Additionally, for the past 15 years, Wells Fargo has teamed up with nonprofit housing organizations like Habitat for Humanity and Rebuilding Together to create low-income homeownership opportunities. During that time, Wells Fargo has contributed more than 150,000 volunteers who have donated more than 5 million volunteer hours. Working together, we have built or renovated more than 3,000 homes.
Financial Literacy is Important. Wells Fargo is a leader in educating consumers about money management, and provides free tools and advice to make it easy and routine. We offer programs – both at Wells Fargo and through relationships with local organizations and credit counselors– that help our customers better understand credit management, their credit reports and the importance of maintaining good credit. Hands on Banking®/El futuro en tus manos® is a free, comprehensive curriculum that teaches children and adults the money management skills they need. It is commercial-free and available through the Internet, CD-ROMs and accompanying teaching guides. Topics include the basics of banking, budgeting, investing, maintaining checking and savings accounts, purchasing a home and starting a small business.
Wells Fargo is Committed to Fair and Responsible Lending and Servicing. Our guiding principle is always doing what is right for our customers, and we are nationally recognized for our industry-leading lending practices and standards. Our responsible lending principles and responsible servicing principles are not viewed as policies by which we have to abide – but instead are the way we choose to do business. As a result, we are among the most successful lenders in helping our customers sustain homeownership in difficult economic conditions.
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Contact Wells Fargo:
Address:
16024 Manchester Road, Suite 200
Ellisville, MO 63011
636-594-2253
Philip W. Bracken, Executive Vice President
Government & Industry Relations
Wells Fargo
Nancee Mueller, Vice President
Government & Industry Relations
Wells Fargo
Laraine Davis, Vice President
Government & Industry Relations
Wells Fargo