The country’s biggest U.S. residential lender and servicer, Wells Fargo & Co., pushed up annual home-loan production to a three-year high.
During the final-three months of 2016, income before income tax expense was $7.6 billion, falling from $8.3 billion in the third-quarter 2016.
Those were among some of the performance measures revealed in the San Francisco-based financial institution’s fourth-quarter earnings report.
Source: Mortgage Daily
