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Wells Fargo to shutter more than 400 branches

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Mortgage Professional America | 16 Jan 2017, 08:15 AM Agree 0
The nation’s largest mortgage lender has announced it will close more than 400 branches in the next two years as its bottom line suffers in the wake of the fake-accounts scandal
  • Sbharness | | 16 Jan 2017, 04:38 PM Agree 0
    I am not sure Wells Fargo as A brand can survive, and truthfully I am not sure how I feel about this. One one hand I do want to see justice served. That said, I am not convinced that destroying a brand that has served this Country for Well over 100 years is in the best interest of this Country. Look, when banks become fearful to lend because of over zealous groups supported by the likes of Elibath Warren they shut off the money supply. They have other markets in other parts of the world that would welcome them with open arms. You can't just kill the banks without serious repercussions. That is the problem is NO ONE seems to consider the unintended consequences.
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  • bachcole | | 16 Jan 2017, 10:39 PM Agree 0
    400 is a good start. How about all of them? And send the perps to jail. That would help make America great again.
  • | | 16 Jan 2017, 11:07 PM Agree 0
    The Bush/ Obama members of the Establishment were responsible for enabling these perpetrators to continue with their fraudulent activities.
    Their doors should be closed for good and the criminal element in the corporation locked up while the up and coming , efficient and ethical small competitors should be allowed to grow and serve the American public.
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