TDespite claims to the contrary, the chief executive officer of Wells Fargo & Co., Timothy Sloan, contends that his company is the biggest mortgage lender in the country.
San Francisco-based Wells has held the No. 1 position in single-family loan originations since it wrestled the title away from Countrywide Financial Corp. in 2008.
But in February of this year, Detroit-based Quicken Loans Inc. announced "it has become the nation’s largest residential mortgage lender in the 4th quarter of 2017."
Source: Mortgage Daily