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Wells Fargo’s mortgage banking division has been hurt by the slowdown in the mortgage industry. It reported a decrease of 24% Y-O-Y in Q1; however we expect it to recover in 2019 lead by growth in Community Banking mortgage business. Wells Fargo & Co. is a diversified, community-based financial services company.

Buying a home is a huge financial decision, likely the largest you will make in your lifetime. Obtaining a pre-approval prior to home shopping is essential.

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