Thursday, September 17, 2015

Wells Fargo rolls out $125B lending goal for Hispanic households

Wells Fargo Home Mortgage (WFC) aims to originate $125 billion over the next 10 years in order to assist in the National Association of Hispanic Real Estate Professionals’ Hispanic Wealth Project, which seeks to triple Hispanic household wealth over the next decade.

The lender also set a goal to give $10 million to support a variety of initiatives that promote financial education and counseling for Hispanic homebuyers.

Wells Fargo took it a step further and also said it plans to increase the number of Hispanic home mortgage consultants on its sales team.

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