The company is a long-time leader in the housing finance industry:
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Between 2017 and 2021, Wells Fargo has helped more than 425,000 Black and Hispanic families achieve their
homeownership goals with $110 billion in financing. |
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Since 2019, Wells Fargo has allocated nearly $400 million to help address the housing affordability crisis in
the country including homelessness, available and affordable rentals, transitional housing and homeownership. |
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Since 2021, Wells Fargo Home Lending CEO, Kristy Fercho, has served as chair of the Mortgage Bankers Association
(MBA) and has led the Affordable Homeownership Workstream within the Office of the Comptroller of the Currencys (OCC) Project REACh, a project to promote financial inclusion through greater access to credit and capital. |
About Wells Fargo
Wells Fargo &
Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is the leading middle market banking
provider in the U.S. We provide a diversified set of banking, investment, and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial
Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 37 on Fortunes 2021 rankings of Americas largest corporations. In the communities we serve, the company focuses its
social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from
Wells Fargo are also available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com |
Twitter: @WellsFargo.
Cautionary Statement About Forward-Looking Statements
This news release contains forward-looking statements about our future financial performance and business. Because forward-looking statements are based on
our current expectations and assumptions regarding the future, they are subject to inherent risks and uncertainties. Do not unduly rely on forward-looking statements as actual results could differ materially from
expectations. Forward-looking statements speak only as of the date made, and we do not undertake to update them to reflect changes or events that occur after that date. For information about factors that could cause actual results to
differ materially from our expectations, refer to our reports filed with the Securities and Exchange Commission, including the discussion under Risk Factors in our Annual Report on Form 10-K for
the year ended December 31, 2021, as filed with the Securities and Exchange Commission and available on its website at www.sec.gov
Contact Information
Media
Paul Turner, 415-603-7023
Paul.A.Turner@wellsfargo.com
Investor Relations
John Campbell, 415-396-0523
john.m.campbell@wellsfargo.com
News Release Category: WF-PS
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April 13, 2022 | News Release