Wells Mulls Servicing-Rights Sale

05 Mar 2013

Wells Fargo may consider occasionally selling mortgage servicing rights even though it currently is not under capital pressure to do so, according to Tim Sloan, the bank’s cfo.

Wells Fargo may consider occasionally selling mortgage servicing rights even though it currently is not under capital pressure to do so, according to Tim Sloan, the bank’s cfo. Sloan explained that servicing rights’ value may increase if interest rates rise, and that could put pressure on capital.

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