Wells Fargo Seeking Fed Shotgun Marriage [View article]
I too think NCC would be a great match for WFC. I worked at WFC and WAMU. SUCH DIFFERENT COMPANIES! WFC never originated any Option Arms. I know WFC picked up a block of business from Wamu about 5 years ago (?) that I was told were mainly fixed rate loans. Probably had a small percentage of Option Arms stuck in there too. PS Buffet knows his stuff..stay with WFC and of course DIVERSIFY!
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I too think NCC would be a great match for WFC. I worked at WFC and WAMU. SUCH DIFFERENT COMPANIES!
Mar 31 01:29 am
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All Comments by somerville »Wells Fargo Seeking Fed Shotgun Marriage [View article]
WFC never originated any Option Arms. I know WFC picked up a block of business from Wamu about 5 years ago (?) that I was told were mainly fixed rate loans. Probably had a small percentage of Option Arms stuck in there too.
PS Buffet knows his stuff..stay with WFC and of course DIVERSIFY!