“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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Navigating the Dynamics of Mortgage Origination in 2023
Explore the latest trends in mortgage origination, including impacts of interest rate fluctuations, housing market dynamics, and technological advancements.
Estimated reading time: 0 minutes, 18 seconds
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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