“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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Rising Rates: Strategies for Successful Mortgage Origination in a Volatile Market
Explore strategies for mortgage origination amidst rising interest rates, focusing on personalized service, technology adoption, and market adaptability.
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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