Monday, June 2, 2008

Wells Fargo Regains Leadership

For years, Wells Fargo Mortgage was the leading lender and it looks like they are regaining the lead over rivals Bank of America and Countrywide, during the challenging times since mid-2007.
Note how Wells is on top for purchase-money mortgages in early 2008 (the last few years this spot has been taken by Countrywide). Looking at a chart for Wells, we can see a modest upturn in early 2008. Have a look at how they have been trending higher in market share in their largest volume market.

No comments: