Wells Fargo Defends Mortgage Share, Says Competition Essential - Syndication Content Article - ...

Wells Fargo (WFC) said competition in the mortgage market is "essential" and that its control of 1 in 3 U.S. mortgages is the result of doing a better job than rivals.

Growth in market share isn't "magic" and is driven by clients choosing the bank over competitors because it has served them well, San Francisco-based Wells Fargo said in a memo sent

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