Here We Go Again: Wells Fargo Is Trying To Give Mortgages To Low-Income, Debt-Heavy Millennials Living At Home

Just last week we reported that Wells Fargo was reintroducing 3% down mortgages on its own, without going through the FHA. The reason we said, was that due to Wells’ mortgage origination pipeline drying up, the bank was desperate to find new and innovative ways to boost lending.

This post was published at Zero Hedge on 05/30/2016.