Home Loans Wells Fargo Auto’s originations surge 87% YoY

Wells Fargo Auto’s originations surge 87% YoY

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Wells Fargo Auto’s originations soared in the second quarter as credit tightening yielded stronger performance. Auto originations totaled $6.9 billion, up 86.5% year over year and 50% quarter over quarter, according to Wells Fargo’s earnings supplement today. Chase Auto’s originations in Q2 rose 4.6% YoY to $11.3 billion, according to JPMorgan Chase‘s earnings report today. […]



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