Wells Fargo cements DeVito’s role as head of home lending

Wells Fargo Mortgage Loan Originators Franklin R. Codel, Former Senior Executive Vice President. – Franklin R. Codel is on the board of United Way of Central Iowa and Community Foundation of Greater Des Moines. He previously occupied the position of Senior Executive VP & Head-Consumer Lending at Wells Fargo & Co. He received an undergraduate degree from Harvard University and a graduate degree from The University of Texas.

UBS was heavily exposed to the complex mortgage-backed investments hit by the credit crunch. after better than expected results from U.S. banks Goldman Sachs and Wells Fargo in recent days. UBS is.

Michael DeVito, who was named Wells Fargo’s interim head of home lending after the bank fired consumer lending head Franklin Codel, is now officially leading the residential mortgage unit. "Michael is a seasoned and respected leader, with deep experience in both mortgage sales and servicing," Mary.

SAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) announced today that Franklin Codel, a senior executive vice president and head of its consumer lending organization, has been.

The FINANCIAL — Wells Fargo & Company announced on January 29 that Michael DeVito has been named head of Wells Fargo Home Lending, a role he has held on an interim basis since November 2017.

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That’s why we established a set of Fair and Responsible Lending Principles that span our full residential real estate lending process, from product development through our post-closing practices. These principles support Wells Fargo’s vision to satisfy all our customers’ financial needs and help them succeed financially.

Wells Fargo 2017 Investor Day Consumer Lending 14 Home Lending overview broad retail Distribution to Serve Customers: 8,000 Home Mortgage Consultants in local markets and in our centralized call centers Over 450 stand-alone mortgage locations plus co-locations with Community Bank and Wealth/Advisors $134B in volume in 2016

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And how long will builders be held hostage as banks with a concentrated portfolio of land and construction loans decide which way they’d prefer. by the large-cap banks like Wachovia, Wells Fargo,

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Wells Fargo & Co. said that it has fired the head of its consumer loan division over behavior that it says violated company guidelines. Codel, 52, was dismissed from the company, effective.

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