Wells Fargo Earnings Review
I did a simple SWOT - Strengths, Weaknesses, Opportunities, Threats - look at Wells Fargo's recent earnings report.
It includes a break down of purchase vs refi mortgage activity over the past five quarters. There's a definite downward trend to refis, but purchases seem to be holding up ok. I plan to update that breakout in coming quarters to see if trends continue or develop.
Disclosure: Long WFC.