“Citi has made a small number of staffing reductions within our mortgage team due to internal streamlining of functions," a company spokesperson told the news service.
Another source said that fewer than 100 roles were affected.
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The Latest Trend in Mortgage Originations: Digital Platforms Redefining the Landscape
Discover how digital platforms are redefining mortgage originations, streamlining processes, and enhancing customer experience in today's evolving real estate market.
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Citigroup Joins Wells Fargo in Laying Off Mortgage Pros
Citigroup has followed competitors such as JPMorgan Chase and Wells Fargo in cutting mortgage jobs. So reports Bloomberg.
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