Relevant:
- JPMorgan And Wells Fargo Report Record Profits, Potential Long-Term Opportunities
- wells fargo to cut more than 200 jobs as harp demand falls
- Home lenders shed workers as mortgage rates climb
- Wells Fargo Financial Consolidates; 683 offices close, 3800 jobs gone
- Regulators: Wells Fargo, Chase, U.S. Bank still fail mortgage service tests
2013-09-10 — bloomberg.com
``Mortgage lenders including Wells Fargo & Co. (WFC) and JPMorgan Chase & Co. (JPM) that feasted on refinancings as interest rates reached all-time lows are now warning that the drop in demand may be steeper than expected.''
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