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Wells Fargo’s Profits Fold Under Pressure

With intense pressure stemming from falling oil prices, historically low interest rates, and volatile financial markets profits at San Francisco-based Wells Fargo did not come in strong for the first quarter of 2016.

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First Mortgage Origination Balances Way Up In 2015

First mortgage balances experienced a massive year-over-year jump, driven by an uptick in both rising home-purchase activity and solid refinancing volumes, according to the latest Equifax National Consumer Credit Trends Report, released Wednesday.

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