Estimated reading time: 0 minutes, 23 seconds

Wells Fargo Lays Off Home Lending Employees

Wells Fargo has started laying off workers in its home lending department. So reports Banking Dive.

wells fargo 150x150Although the bank did not disclose the number of employees affected, markets hit by the cuts apparently include Phoenix; San Antonio; Minneapolis; Charlotte, North Carolina; and Des Moines, Iowa.

“The home lending displacements this week are the result of cyclical changes in the broader home lending environment,” Wells Fargo said in a statement.

Read the full article from Banking Dive.

Read 260 times
Rate this item
(0 votes)

FOLLOW US

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.