“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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Mortgage Rates on the Rise: How Originators Can Adapt
An insightful article discussing how mortgage originators can adapt to the rising interest rates by embracing strategic customer relations and technology integration.
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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