LowerWestchesterHomes.com allows you to Search Property Listings of Single Family Homes, Multi-Family Homes, Condos, Co-ops and Rental Properties in Westchester County, New York.
 

Amawalk

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Ardsley

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Armonk

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Bedford

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Bedford Hills

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Briarcliff Manor

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Bronxville

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Buchanan

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Chappaqua

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Cortlandt Manor

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Crompond

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Croton Falls

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Croton On Hudson

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Cross River

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Dobbs Ferry

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Eastchester

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Elmsford

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Goldens Bridge

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Garnite Springs

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Harrison

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Hartsdale

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Hastings On Hudson

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Hawthorne

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Irvington

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Jefferson Valley

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Katonah

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Lake Peekskill

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Larchmont

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Lincolndale

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Mamaroneck

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Millwood

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Mohegan Lake

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Montrose

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Mount Kisco

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Mount Vernon

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New Rochelle

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North Salem

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Ossining

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Peekskill

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Pelham

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Pleasantville

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Port Chester

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Pound Ridge

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Purchase

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Purdys

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Rye

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Rye Brook

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Scarsdale

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Shenorock

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Shrub Oak

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Sleepy Hollow

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Somers

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South Salem

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Tarrytown

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Thornwood

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Tuckahoe

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Valhalla

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Verplanck

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Waccabuc

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West Harrison

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White Plains

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Yonkers

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Yorktown

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Wells Fargo Dominates Home Loans Business

Wells Fargo & Co. is the largest U.S. mortgage lender, taking an unprecedented 28.8 percent share of all home loans nationwide last year, The Wall Street Journal reports. That's up from 11.2 percent in 2007.

"They are dominating the retail space because they are huge, and because there is so little competition from other big banks that have pulled back," Alan Rosenbaum, chief executive of GuardHill Financial Corp., a New York-based mortgage bank, told The Wall Street Journal.

Wells Fargo’s home loan production topped $524 billion last year -- a record for any one lender. What’s more, that number is more than all of the next five lenders' home loan production combined, according to the publication Inside Mortgage Finance.

Wells Fargo has been aggressively approaching real estate brokers and developers to expand its home lending business, striking deals to become preferred lenders.

Wells’ preferred-lender arrangements give it "first crack at a lot more loans," says  Rosenbaum.

Source: The Wall Street Journal