Wells Fargo CFO optimistic about mortgage business
Mortgage LoanWells Fargo CFO Timothy Sloan said the health of the housing market won’t be clear until “we look in the rearview mirror a few months from now,” but did say he felt it was getting a little better, in a televised interview on CNBC. Credit quality for consumers is improving, which Sloan said indicates that “the consumer overall is doing a little bit better.” Though the hardest hit are still unemployed, the rest of consumers are “doing OK.” The mortgage business is up for the bank, which held a third […]
