Wells Fargo Mortgage
Wells Fargo & Co. is a financial services company in the United States with consumer finance subsidiaries doing business in Canada, the Northern Mariana Islands and the Caribbean.
Headquartered in San Francisco, California (its bank, Wells Fargo Bank, N.A., is legally chartered in Sioux Falls, South Dakota but is also operated from San Francisco), Wells Fargo is a result of the acquisition of California-based Wells, Fargo & Co. by Minneapolis-based Norwest Corporation in 1998. Though unusual for a business acquisition, in this case Norwest chose to change its name to that of the acquired company, to capitalize on the 150-year history of the Wells Fargo name and trademark stagecoach. After changing its name to Wells Fargo, it moved its headquarters from Minneapolis to San Francisco, where the old Wells Fargo Bank had been based. Thus, both before and after the transaction, “Wells Fargo Bank” was based in San Francisco, so that a misimpression was created that Wells Fargo Bank had acquired Norwest. By September 30, 2005, Wells Fargo has 6,250 “stores”, 23 million customers, and 153,000 employees.
Today Wells Fargo offers a wide range of services, for example, banking (online banking, savings, etc.), loans (home equity loans, home mortgage, student loans, personal loans, etc.), investing and insurance (mutual funds, brokerage, etc.). Wells Fargo is one of the leading providers of mortgage in the United States. If you want to get more detailed information about Wells Fargo loans, current rates, payment information etc., you can visit www.wellsfargo.com.
July 10th, 2007 at 9:24 am
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September 24th, 2007 at 8:00 pm
[…] author wrote an interesting post today onHere’s a quick excerptWells Fargo & Co. is a financial services company in the United States with consumer finance subsidiaries doing business in Canada, the Northern Mariana Islands and the Caribbean. Headquartered in San Francisco, California (its bank, Wells Fargo Bank, N.A., is legally chartered in Sioux Falls, South Dakota but is also operated from San Francisco), Wells Fargo is a result of the acquisition of California-based Wells, Fargo & Co. by Minneapolis-based Norwest Corporation in 1998. Though unusual for a business acquisition, in this case Norwest chose to change its name to that of the acquired company, to capitalize on the 150-year history of the Wells Fargo name and trademark stagecoach. After changing its name to Wells Fargo, it moved its headquarters from Minneapolis to San Francisco, where the old Wells Fargo Bank had been based. Thus, both before and after the transaction, “Wells Fargo Bank” was based in San Francisco, so that […] […]
October 15th, 2007 at 9:23 pm
[…] Best Mortgage Blog Archive Wells Fargo MortgageMortgage blog covering types of mortgages, mortgaged housing, mortgage advantages and mortgage resources. […]