(Forbes.Com)Wells Fargo’s origination business could take a lick from rising rates, which in normal environments, tends to dampen home mortgage demand. This could weigh on the stock given the size of its mortgage unit. However overall mortgages outstanding also plays a factor, and this could provide some support for the stock. Wells Fargo competes with other banks like Bank of America, Goldman Sachs, JPMorgan Chase, Citigroup and UBS in the mortgage business. Read full story>>>
