Wells Fargo: Bankruptcy and Contractor Xenophobia

Wells Fargo Full Speed Ahead Towards Bankruptcy

When the Mortgage Field Services Industry looks at foreclosure volumes, generally Wells Fargo tops the list with respect to both work orders and outsourcing their processing overseas. It is an irony which large portfolio holders are beginning to talk about privately, but far more loudly. And while the Obama Administration may be rubber stamping Wells Fargo's reentry into the mortgage space --- the Office of the Comptroller of the Currency (OCC) lifted their restrictions upon Wells and . . .

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