Wells Fargo Mortgage Buh Bye: Rocket Mortgage and UHM are #1 #2
Wells Fargo was the #3 lender in 2022 with Rocket Mortgage and United Wholesale Mortgage being the top 2. Wells Fargo will likely do less loans than any of the other major banks going forward. They will also scale back loan payment processing, which they had previously been the largest servicer doing about 8% of all mortgage loans.