Tag Archives: Wells Fargo

City National Bank Hires Charlie McGann and Deven Mays as Senior Vice …

LOS ANGELES, Nov. 7, 2012 (GLOBE NEWSWIRE) — City National Bank today announced that real estate veterans Charlie McGann and Deven Mays have joined the real estate team in the Bay Area. McGann is a senior vice president and regional … Continue reading

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CitiMortgage CEO on Tight Credit: ‘There’s Nothing Wrong with People Making Profits’

Mortgage rates are at record lows, but they could be even lower. Several reports recently have documented why the spreads between mortgage bonds and mortgage rates have widened so much, but few have agreed as to why mortgage rates have … Continue reading

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US Home Builders Begin to See Credit Thaw

The U.S. home building industry is finally coming off its lowest volumes ever, albeit in fits and slow starts.  New single family home starts fell 6.5 percent in July from the previous month but are still up 17 percent from … Continue reading

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Bay Area sector roundup

BANKING Wells Fargo might send jobs overseas Wells Fargo Co., looking to trim more than $1.7 billion in quarterly expenses between the first quarter and the end of this year, may move some jobs overseas. Some roles in technology and … Continue reading

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Wells Fargo Bankers Toting Guns Aim at 40% of Market: Mortgages

In mid-January, sales managers in Wells Fargo Co. (WFC)’s mortgage unit, the largest in the U.S., gathered at a hotel south of San Francisco dressed as cowboys, six shooters strapped to their hips. The invitation said “40% or BUST!!” The … Continue reading

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