...Wells Fargo Home Mortgage (WFHM) is the largest U.S. residential mortgage servicer and is headquartered in Des Moines, IA. WFHM operates seven primary servicing/customer centers and nine dedicated sites that provide home preservation assistance to borrowers. The servicer is a division of Wells Fargo Bank, N.A., whose ultimate parent is Wells Fargo & Company (WFC; IDR rated `AA¡' with a Negative Rating Outlook). WFHM is rated `RPS1¡' as a residential primary servicer for prime, Alt-A, and subprime products based on its corporate growth objectives, organizational restructuring, and its effective leadership and succession planning. As of June 30, 2016, WFHM serviced approximately 8.6 million loans totaling $1.52 trillion. This includes approximately 7.3 million agency loans totaling $1.1 trillion, approximately 916,000 owned portfolio totaling $278 billion, approximately 341,000 non-agency RMBS loans totaling $65 billion, and approximately 119,000 third-party serviced loans totaling $19.7...
