(CHARLOTTE) --Wells Fargo & Company has formed a Homebuilder Banking team to serve the needs of its residential developer clients on the East Coast, Texas, and Midwest. The team is comprised of 14 bankers located across the country and will report to Bird Anderson, who is based in Charlotte and has been with the bank since 1985 as part of the legacy Wachovia organization.

“The homebuilder community has unique needs,” said Anderson. “We believe our customers will benefit by having a group of experienced and dedicated bankers devoted specifically to this industry."

The Homebuilder Banking team will provide a comprehensive suite of financial solutions including project and corporate financing facilities, and a referral network to treasury management, insurance, mortgage and capital markets products. Anderson indicated that they are starting to see some modest signs of increased demand in the homebuilding sector in many markets.