Wells Fargo (WFC) is enjoying the benefits of charging forward in the mortgage market while its...

|About: Wells Fargo & Co. (WFC)|By:, SA News Editor

Wells Fargo (WFC) is enjoying the benefits of charging forward in the mortgage market while its rivals have retreated, with the bank accounting for 28.8% of all home loans issued last year as "production" hit a record $524B. The strategy has brought massive profits, although questions are being asked about what Wells will do once the refinancing boom, which has driven its growth, drops off.