Wells Fargo Lays Off Hundreds More Mortgage Pros

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

Friday, Dec 02 2022

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 150x150 Sources 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.

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