“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.
Explore how digital transformation is revolutionizing mortgage originations, boosting efficiency, and improving borrower experiences.
Estimated reading time: 0 minutes, 18 seconds
Citigroup has followed competitors such as JPMorgan Chase and Wells Fargo in cutting mortgage jobs. So reports Bloomberg.
“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.