Wells Fargo profits rise despite hit to home mortgages

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Last updated: 11 October, 2013

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Wells Fargo profits rise despite hit to home mortgages (via AFP)

US banking giant Wells Fargo Friday reported a 13 percent rise in profits even as the results showed a big drop-off in home mortgages compared with the prior quarter. Wells Fargo, the nation’s largest mortgage originator, said third quarter earnings…

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