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Wells Fargo's Mortgage Banking Fights the Tide

By Matt Koppenheffer and David Hanson - Apr 12, 2013 at 8:00PM

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How far did Wells Fargo's mortgage income fall this quarter?

In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss a little wager they made. While Matt had bet that Wells Fargo's (WFC 5.16%) mortgage revenue would fall less than 10% this quarter, David bet that it would fall more. Where did the end result come out, and what does this mean for the king among banks in the mortgage sector? 

 

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