Wells Fargo & Co. has fired its head of consumer lending over communication he had with a former employee. The interaction didn’t involve recent scandals at the bank.
Franklin Codel was named head of Wells Fargo Home Lending in August 2015. A little more than a year later, he took over all of consumer lending as senior executive vice president.
Codel first came on board at Wells Fargo in 2004. In addition, he previously spent eight years at predecessor Norwest Mortgage.
Source: Mortgage Daily
