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Peligro para tenedores de acciones y Bonos de Wells Fargo...Mercado Hipotecario
Peligro para tenedores de Acciones y Bonos de Wells Fargo
Wells Fargo Exits Reverse-Mortgages on ‘Unpredictable’ Market2011-06-16 19:11:11.783 GMT By Dakin CampbellJune 16 (Bloomberg) -- Wells Fargo & Co., the largest U.S.home lender, said it was exiting the business of reversemortgages because of the possibility that property values willdecline further.“The decision was made based on today’s unpredictablehome values,” the San Francisco-based lender said today in astatement distributed by Business Wire. --Editor: Dan Kraut To contact the reporter on this story:Dakin Campbell in San Francisco at +1-415-617-7174 ordcampbell27@bloomberg.net To contact the editor responsible for this story:Dan Kraut at +1-212-617-2432 or dkraut2@bloomberg.net