Wells Fargo sets $125 billion home-lending goal to Hispanics

Wells Fargo said Tuesday that it wants to extend $125 billion in home mortgages to America’s Hispanic community over the next 10 years. The San Francisco-based bank also said it plans to boost the number of Hispanics working with customers in its mortgage unit. Such multibillion-dollar lending pledges, which first emerged in the 1990s to…

Wells Fargo to Increase Its Aim Toward Hispanic Borrowers

Wells Fargo Home Mortgage has set a new goal of providing $125 billion in home loans to as many as 500,000 Hispanic potential homebuyers over the next 10 years. The Des Moines Register has previewed the plan that the West Des Moines-based lender is scheduled to announce later today. This new endeavor–which is tied to…

Wells Fargo mortgage goal: $125B to Hispanic buyers

Des Moines Register exclusive: Wells Fargo Home Mortgage plans to announce a new goal Tuesday to lend $125 billion, or about 500,000 mortgages, to Hispanic households during the next decade. Wells Fargo Home Mortgage is announcing an ambitious plan to loan $125 billion to as many as 500,000 Hispanic homebuyers over the next 10 years — capitalizing on…

Wells Fargo announcing $125 billion effort to help homebuyers

DES MOINES, Iowa —Wells Fargo Home Mortgage announced Tuesday its support of the National Association of Hispanic Real Estate Professionals’ “Hispanic Wealth Project,” which seeks to triple Hispanic household wealth over the next decade.   WATCH VIDEO Wells Fargo announced the project includes a projected $125 billion in mortgage originations and $10 million to support…