Company Update (NYSE:WFC): Wells Fargo profit rises 1.7 percent as mortgage business steadies

[Reuters] – Income from mortgage banking rose 2 percent to $1.63 billion as Wells Fargo posted bigger profits from selling home loans to investors. A drop in refinancing activity caused mortgage banking income . . . → Read More: Company Update (NYSE:WFC): Wells Fargo profit rises 1.7 percent as mortgage business steadies Similar Articles: Stock Update: Wells Fargo & Co (NYSE:WFC) – Wells Fargo Advantage Closed-End Funds Declare Monthly Dividends Market Update (NYSE:VZ): Verizon 2Q profit rises 93 percent Market Update: Wells Fargo & Co (NYSE:WFC) – Wells Fargo Launches Wells Fargo Works for Small BusinessSM