Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 139

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 5
Chunk 139
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 models; therefore, delinquency is an important indicator of credit quality in the establishment of our ACL for consumer loans.We obtain FICO scores at loan origination and the scores are generally updated at least quarterly, except in limited circumstances, including compliance with the Fair Credit Reporting Act (FCRA). FICO scores are not available for certain loan types or may not be required if we deem it unnecessary due to strong collateral and other borrower attributes.LTV is the ratio of the outstanding loan balance divided by the property collateral value. For junior lien mortgages, we use the total combined loan balance of first and junior liens, including unused line of credit amounts. We generally obtain property collateral values through Home Price Indices (HPI) and automated valuation models (AVMs). We update LTVs on a quarterly basis. Certain loans do not have an LTV due to a lack of industry data availability or are portfolios acquired from or serviced by other institutions.Gross charge-offs by loan class are included in the following tables for the nine months ended September 30, 2025, and year ended December 31, 2024.Credit quality information is provided with the year of origination for term loans. Revolving loans may convert to term loans as a result of a contractual provision in the original loan agreement or if modified for a borrower experiencing financial difficulty.Table 5.9 provides the outstanding balances of our residential mortgage loans by our primary credit quality indicators.

76Wells Fargo & Company

Table 5.9:  Credit Quality Indicators for Residential Mortgage Loans by VintageTerm loans by origination yearRevolving loansRevolving loans converted to term loans(in millions)20252024202320222021PriorTotalSeptember 30, 2025By delinquency status:Current-29 DPD$11,707 8,974 10,599 41,327 56,410 96,254 4,352 6,324 235,947 30-89 DPD3 5 11 91 84 630 16 128 968 90+ DPD— 4 6 75 59 408 8 142 702 Government insured/guaranteed loans (1)3 1 12 11 33 6,233 — — 6,293 Total$11,713 8,984 10,628 41,504 56,586 103,525 4,376 6,594 243,910