Estimated reading time: 0 minutes, 19 seconds

Citigroup Adds to Mortgage Job Cuts

Citigroup has shed mortgage underwriting jobs as part of hundreds of cuts that also affect investment banking and technology. So reports Banking Dive.

Citi 150x150In September, Citi cut fewer than 100 positions from its mortgage team, citing “internal streamlining of functions.”

Wells Fargo, JPMorgan, USAA, PacWest and Flagstar have also laid off significant numbers of mortgage employees in recent months.

Read the full article from Banking Dive.

Read 1167 times
Rate this item
(49 votes)

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.