The Real Deal Miami

In shift, Wells Fargo says it will only offer refinances to customers

March 20, 2012 12:45PM

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Wells Fargo will not offer refinances to homeowners under the new Home Affordable Refinance Plan unless they are Wells Fargo customers, the bank announced late Monday night. “After further consideration of the new parameters of the Fannie Mae DU Refi Plus program transactions and the current marketing environment, we have amended our policy for loans not currently serviced by Wells Fargo and originated through our Correspondent and Wholesale business channels,” said Carla Clemons, spokesperson for the bank. [Palm Beach Post]

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