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Article Excerpt
Wells Fargo Ventures, LLC, a wholly-owned subsidiary of Wells Fargo Bank, N.A., the nation's leading mortgage lender, and Prudential Douglas Elliman Real Estate, New York's largest residential brokerage and ranked among the top four real estate companies in the United States, announce a joint venture to originate and fund mortgage loans for Prudential Douglas Elliman and other New York customers looking to finance or refinance their home.
The jointly-owned mortgage company, DE Capital Mortgage, LLC, replaces Preferred Empire Mortgage Company, which maintained wholesale relationships with a nationwide network of financing institutions for...
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