Wells Fargo cements DeVito’s role as head of home lending

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 · Wells Fargo Names Michael DeVito Head of Mortgage Division — Update. took over the home lending division after the bank’s now-former head of mortgage.

Wells Fargo Mortgage can't get loan approval View the full release here: https://www.businesswire.com/news/home/20180821005219/en/ “We are thrilled to. with a combined market cap of over $1 trillion-will help further cement its unique ability.

The typical Wells Fargo Lending Manager salary is $77,811. Lending Manager salaries at Wells Fargo can range from $68,314 – $96,313. This estimate is based upon 25 Wells Fargo Lending Manager salary report(s) provided by employees or estimated based upon statistical methods.

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Moderator: Brad Foster, Managing Director, Corporate Finance, FTI Consulting Sharks: Bird Anderson, Executive Vice President, Commercial real estate-home builder Banking, Wells Fargo; Tony Avila..

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Lending, especially in some consumer segments, increased at Bank of America in the first quarter, and CEO Brian Moynihan expects that to continue this year. However, for market watchers skeptical about the industry’s growth prospects, BofA’s numbers may do little to change their minds.

Removes "interim" tag from DeVito, who took over after Franklin Codel was fired. DeVito was also given the title of interim head of home lending after Codel’s departure. Back in December, the bank handed the head of consumer lending title to Mary Mack, who also leads Wells Fargo’s community banking efforts.

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Home Lending . Products are not available in all states. Wells Fargo Advisors is licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act and the Arizona Department of Financial Institutions (NMLS ID 0906158). Wells Fargo Clearing Services, LLC, holds a residential mortgage broker license in Georgia.

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