BRIEF-Wells Fargo CEO: "No doubt" housing has turned corner

Jan 11 (Reuters) - Wells Fargo & Co : * CEO John Stumpf says there is "no doubt" housing market has Turned A Corner * Stumpf: Wells' small and middle-market customers need more fiscal certainty

before they make business investments * Wells CFO Sloan: Wells does not plan to hold mortgages made in first quarter

but will keep $2.3 b started in fourth quarter * Wells CFO Sloan: Wells expects to benefit from seasonally higher mortgage

applications in the first quarter * Wells CFO Sloan: 'We believe our expenses are still too high' * Wells CFO Sloan: bank expects more loan-loss reserves in 2013 but less than

in 2012 * Wells CFO Sloan: bank asked Federal Reserve for larger capital distrbution in

2013 than in 2012 in this year's stress test * Wells CFO Sloan: fiscal cliff was a "net positive" in terms of lending by

commercial customers * Wells CFO Sloan: will still keep new non-conforming, jumbo mortgages * Stumpf: "We're still excited about the mortgage business;" sees "lots of

opportunities"