MSR sale lifts Wells Fargo stock

Recently, Wells Fargo announced the sale of $12.2 billion worth of unpaid principle balance reverse mortgages servicing rights (MSR). Wells Fargo to Sell MSRs to Walter – April 11, 2013 –

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And while Wells Fargo’s stock certainly isn’t expensive, trading at a 45% premium to its book value per share, which is right in line with its peer group, it also isn’t as cheap as the likes of.

In 2018, with short term interest rates set to rise further, stock selection will once again be crucial. its total loan book compared to less than 10% for larger banks like Wells Fargo (WFC) and.

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 · Wells Fargo & Company (NYSE:WFC) reported net income of $5.6 billion, or $1.01 per diluted common share, for second quarter 2016, compared with $5.7 billion, or $1.03 per share, for second quarter 2015, and $5.5 billion, or $0.99 per share, for first quarter 2016.

4 days ago · Talk of interest rate cuts lifts stocks. the company name of Dupont appears above its trading post on the floor of the New York Stock Exchange.. Wells Fargo and.

Price/Earnings Ratio is a widely used stock evaluation measure. Find the latest P/E ratio for Wells Fargo & Company (WFC) at

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Wells Fargo and Ocwen Financial have mutually agreed to cancel the sale of billions of dollars residential mortgage servicing rights, according to reports.. Wells Fargo Call Off Major MSR Deal.

The reason I am long is mostly a low valuation compared to U.S. banks: the U.S. stock market in general is pretty high. while the American bank Wells Fargo (NYSE:WFC) is trading at a price to book.

WFC Real Time Stock Quote – Get Wells Fargo & Company Common Stock (WFC) last sale data in real-time at

SAN FRANCISCO & WASHINGTON–(BUSINESS WIRE)–More than 11,000 families and individuals across 40 communities own their home today as a result of participating in Wells Fargo LIFT programs, a collaboration by Wells Fargo & Company (NYSE: WFC) and NeighborWorks America.