May 24, 2016 6:19 AM ET

Thrifts and Mortgage Finance

Company Overview of Wells Fargo Home Mortgage, Inc.

Company Overview

Wells Fargo Home Mortgage, Inc., a retail mortgage lender, provides home mortgage solutions. The company offers construction and renovation financing, home buying, and refinancing solutions, as well as jumbo, adjustable-rate, and reverse mortgages. The company was formerly known as Norwest Mortgage, Inc. and changed its name to Wells Fargo Home Mortgage, Inc. in April 2000. The company was founded in 1905 and is based in Des Moines, Iowa. Wells Fargo Home Mortgage, Inc. operates as a subsidiary of Wells Fargo Bank, National Association.

1 Home Campus

Des Moines, IA 50328-0001

United States

Founded in 1905





Key Executives for Wells Fargo Home Mortgage, Inc.

Chief Executive Officer
Age: 50
Head of Mortgage Servicing
Head of Mortgage Production
Compensation as of Fiscal Year 2015.

Wells Fargo Home Mortgage, Inc. Key Developments

Wells Fargo Home Mortgage Announces Executive Changes

Wells Fargo Home Mortgage has shifted Perry Hilzendeger to head up its mortgage servicing operations from his previous position of running its home loan default business. The change is effective immediately. Hilzendeger replaced Michael DeVito, who took over as the head of mortgage production on October 1, 2015. He will report to Franklin Codel, the recently-appointed head of Wells Fargo Home Mortgage. In his role heading up the default business, Hilzendeger, a 25-year Wells Fargo veteran, oversaw the teams dedicated to helping prevent and resolve delinquencies. His responsibilities also included collections, single point of contact, underwriting, short sales, mediations and community relations. Under his leadership, the company also created the Mobile Response Unit, an in-field, rapid-response approach that served homeowners struggling to recover from natural disasters.

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