Friday, September 4, 2009

Wells' Imploding Loan Portfolio

An older Wells Fargo branch, located in Berkel...

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Tyler Durden

The fine folks over at WLMLab Bank Loan Performance have done a great job at updating FDIC loan data by various banks. Some of their conclusions:

Yet the most significant observations is the ticking time bomb that is Wells Fargo's 1-4 Family 90+ past due loans.

Wells' Imploding Loan Portfolio | zero hedge

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