Wells Fargo Ranked as Top Agency MBS Issuer In 2008 as Consolidation Reconfigures the Market
October 17, 2008
Wells Fargo issued a total of $163.97 billion of agency mortgage securities during the first nine months of 2008, making it the most active issuer in a rapidly changing market. Wells accounted for 17.2 percent of agency MBS produced through the third quarter of this year, and its business volume was up 54 percent from year-ago levels. By comparison... [Includes one chart]