Daniel Gale Real Estate, Wells Fargo Home Mortgage Enter Strategic Relationship

Daniel Gale Real Estate and Wells Fargo Home Mortgage, Inc., a subsidiary of Wells Fargo & Company (NYSE: WFC), have formed a strategic relationship. The affiliation will offer customers of Daniel Gale Real Estate a wide range of home financing products and services through Wells Fargo Home Mortgage, the nation’s leading provider of residential financing.

Huntington, NY (PRWEB) May 18, 2003

Daniel Gale Real Estate and Wells Fargo Home Mortgage, Inc., a subsidiary of Wells Fargo & Company (NYSE: WFC), have formed a strategic relationship. The affiliation will offer customers of Daniel Gale Real Estate a wide range of home financing products and services through Wells Fargo Home Mortgage, the nation’s leading provider of residential financing.

“We are pleased to offer our customers access to an exceptional range of home financing products through Wells Fargo,” said Pat Petersen, Daniel Gale President and CEO. “Combined, Wells Fargo’s retail and wholesale lending operations provide funding for approximately one out of every eight homes financed annually in the U.S. Our alliance with Wells Fargo will provide Daniel Gale customers with the greatest opportunities for finding ‘financing that fits,’ whatever their needs.”

According to Senior Vice President of Retail Business Development for Wells Fargo Home Mortgage Joe Jackson, they are excited about the opportunity to partner with Daniel Gale Real Estate. “Daniel Gale customers will enjoy one-stop shopping for all their mortgage and home financing needs, and we’ll have the chance to work with a respected organization like Daniel Gale.”

Daniel Gale, the largest, non-franchised independent broker on Long Island, consistently leads the nation in achieving one of the highest average sales prices in the nation. It is a $1.5 billion organization with offices from Manhasset to Stony Brook, an award-winning Relocation Center, a New Homes Division and Corporate Headquarters. Daniel Gale is a member of RELO, a national relocation network comprised of the leading real estate companies of the world.            

Based in Des Moines, Iowa, Wells Fargo Home Mortgage, Inc. is a subsidiary of Wells Fargo & Company (NYSE: WFC). It is a leading originator and servicer of residential mortgages. With a presence in more than 1,700 mortgage and Wells Fargo bank stores serving all 50 states, Wells Fargo Home Mortgage operates the leading mortgage lending network in the country. Combined, its retail and wholesale lending operations provide funding for approximately one of every eight homes financed annually in the United States.

Founded in 1852, Wells Fargo & Company is a diversified financial services company with $370 billion in assets, providing banking, insurance, wealth management and estate planning, investments, mortgage and consumer finance from 5,800 stores and the Internet (http://www.wellsfargo.com) across North America and elsewhere internationally.