Wednesday, September 26, 2012

Wells Fargo Foreclosure Rate and Delinquencies

Wells Fargo's recent presentation given this september at the Barclays conference shows thatthe company has some of the lowest rates of foreclosure and delinquency on mortgages of any large bank.

Well's has a delinquency rate of 4.9% versus Citi's 6% and Chase's 5.6%.

And it's foreclosure rate is 2.3% vs. 4.1% at Bank of America.

No comments:

Post a Comment