“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 Evolving Landscape of Mortgage Origination: Key Trends Shaping the Industry
Explore the transforming landscape of mortgage origination, highlighting trends such as digital mortgages, data analytics, and regulatory compliance.
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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