Wells Fargo cuts mortgage jobs amid poor outlook
Housing Wire
APRIL 22, 2022
A Wells Fargo bank branch. Wells Fargo & Co., the top depositary mortgage lender in the country, is cutting jobs in its home lending business, just days after reporting weak mortgage earnings in the first quarter of 2022. “The home lending displacements this week are the result of cyclical changes in the broader home lending environment,” a Wells Fargo’s spokesperson told HousingWire.
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