With the economy in such dire straits, Wells Fargo made a surprising move by telling new clients that they need to have $1 million in balances for certain mortgage refinancings. According to a CNBC report citing sources familiar with the bank’s new policies, the company now requires new customers to bring at least $1 million … Continue reading “Wells Fargo is Now Requiring Clients to Have $1 Million in Balances to Refinance Jumbo Mortgages”
