07.06.2016 22:54:00

Moody's assesses Wells Fargo Home Lending as a Strong originator of prime jumbo residential mortgage loans.

New York, June 07, 2016 -- Moody's Investors Services has assessed Wells Fargo Home Lending (WFHL) as a 'Strong' originator of prime jumbo residential mortgage loans, based on several underlying components. In the assessment, Moody's reviewed WFHL's loan performance and originator ability, which among other things included analyzing its ability to accurately assess borrowers' willingness and ability to repay their mortgage loans, its ability to accurately and objectively assess property value and its ability to acquire loans closed in accordance with laws and regulations. Finally, the assessment also took into account WFHL's financial strength and support functions to determine its originator stability.

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