Wells Fargo Home Mortgage Grows Market Share - 2006-03-07
Wells Fargo Home Mortgage, a division of Wells Fargo Bank, N.A., declared that it originated $208.87 billion in new loans and expanded its retail market share to a level of 17.1 percent in 2005, declared Inside Mortgage Finance. This performance is an improvement from 2004 when Wells Fargo claimed 14.9 percent of retail market share.
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What Real Estate Bubble? - 2006-03-07
For all the dire warnings that a real estate bubble pop may well be on its way, 2005 is yet another record year for the housing market. Home prices climbed 13% last year, according to a report released last week by the Office of Federal Housing Enterprise Oversight (OFHEO).
The property boom continued to be widespread. The most notable gains were in the Phoenix-Mesa-Scottsdale area of Arizona, where home prices have already nearly doubled in the last five years.
Read the full story at TIME