The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics around the investing world.
In the first quarter of this year, Wells Fargo's share of new mortgages jumped to 33.9%. It's stunning that one bank made up a third of the market. And it's another reminder of the opportunity strong competitors have in down markets. Wells Fargo is grabbing market share while competitors such as Bank of America and Citigroup focus on slimming down and strengthening their capital positions. Anand weighs in.
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