not see that Wells is, oh well's..., different.
(sorry)
As many pointed out early in the RE crisis, Wells never did make very many bad Alt-A, ARMs or subprime RE loans. They have always been very careful
Wichovia was an unusual mistake for them to make.
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The... delinquency and foreclosure rates for the large servicers.
BofA (Countrywide) and JPM Chase (WaMu) have the highest combined delinquency and foreclosure rates.
BofA is the largest servicer with over 14 million loans ($2.2 trillion) at the end of Q2.
Wells Fargo is second with about 12 million loans ($1.8 trillion), and
JPM Chase is third with about 9.5 million loans ($1.35 trillion).
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Wells Fargo on Foreclosures: "Procedures sound, no moratorium"
http://www.calculatedriskblog.com/2010/10/wells-fargo-on-foreclosures-procedures.html
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