Wells Fargo Q2 net profits up over year ago - 2004-07-20
Wells Fargo & Co. today posted double-digit increases in net profits for the second quarter because of higher fee income and better loan quality.

Wells Fargo sold $3.5 billion of mostly mortgage-backed securities and $10.5 billion in adjustable-rate mortgages both with yields below 4 percent, replacing most with higher rate securities and ARMs. It also repurchased $2.4 billion of long-term debt at 6.2 percent.
Read the full story at Pioneer Press

Buying own home just a 'pipe dream' - 2004-07-20
Home owning is quickly becoming a pipe dream for thousands of local young people, SDLP leader Mark Durkan has warned.

Mr Durkan has branded the lack of available and affordable housing in Londonderry and across the North West a "disgrace".

The former Deputy First Minister warned that first time buyers - particularly younger people - were being hammered by soaring house prices and mortgage repayments.
Read the full story at Belfast Telegraph