Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market
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It's the latest, and perhaps most significant, strategic shift that CEO Charlie Scharf has undertaken since joining Wells Fargo in late 2019.
Wells Fargo once again proving that it is truly the absolute worst of all the major financial institutions.
Needless to say Senator Warren is rather incensed by this:
Sen. Elizabeth Warren slams Wells Fargo for causing potential credit score hit to its customers
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Wells Fargo finds itself in the center of another self-inflicted storm, this time over potential damage to customers' credit scores.