Estimated reading time: 0 minutes, 18 seconds

Wells Fargo Lays Off Hundreds More Mortgage Pros

Friday, Dec 02 2022
Originating
Written by  The Mortgage Leader

Wells Fargo has conducted another round of layoffs to its mortgage division, jettisoning hundreds of employees. So reports Bloomberg.

wells fargo 150x150Sources familiar with the matter told the news service that the job cuts were nationwide.

Wells Fargo had already laid off thousands of mortgage employees as higher interest rates ended the pandemic-era home-lending surge.

Read the full article from Bloomberg. 

Read 1617 times
Rate this item
(0 votes)
More in this category: « Mortgage Slump: Chance for Lenders to Catch Up on Tech? Ask The Expert: Have I Lost My Touch, or Has the World Gone Mad? »

FOLLOW US

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.
Ok Decline