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.
Estimated reading time: 0 minutes, 18 seconds
Wells Fargo has conducted another round of layoffs to its mortgage division, jettisoning hundreds of employees. So reports Bloomberg.
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.