Wells Fargo: Subprime Cap Part of ‘Ongoing Risk Management’
The bank’s dealer services division responds to the reported cap the finance source has placed on subprime auto originations.
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The bank’s dealer services division responds to the reported cap the finance source has placed on subprime auto originations.
Wells Fargo announced this week that it is separating its Consumer Lending Group’s Consumer Credit Solutions organization into two businesses with the impending retirement of Tom Wolfe, who headed up the organization.
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