Wells Fargo Real Estate Investment Corp. | REIT Profile

Symbol: WFE.A
CIK: 1616093
Exchange: NYSE
Founded: 1996 (28 years)
HQ: Minneapolis, MN, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Mortgage

See WFE.A on Yahoo Finance
See WFE.A on SEC.gov

Wells Fargo Real Estate Investment Corporation is a real estate investment trust (REIT). The Company is engaged in acquiring, holding and managing domestic mortgage assets and other authorized investments. The Company offers consumer loans, including real estate 1-4 family first mortgage loans and real estate 1-4 family junior lien mortgage loans; and commercial loans, such as commercial and industrial loans and commercial properties secured by real estate loans. The Company has the authority to acquire interests in real estate loans and other authorized investments from unaffiliated third parties. The Company may also acquire from time to time real estate loans or other assets from unaffiliated third parties. In addition, the Company seeks to acquire from time to time mortgage-backed securities and a limited amount of additional non-mortgage related securities from the Bank.