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CBSvideo...Wells Fargo resumes sub-prime mortgages

Started by RSS Bot, Mon Mar 22, 2021 - 01:00:06

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Mon Mar 22, 2021 - 01:00:06
Wells Fargo resumes sub-prime mortgages

Several big banks are seeing a drop in profits due to a decline in mortgage lending. Wells Fargo responded by getting back into the sub-prime market, lending to people with credit scores below 620. Financial expert Jordan Goodman explains whether this is a good idea.

Source: Wells Fargo resumes sub-prime mortgages
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