Wells Fargo cuts mortgage jobs amid poor outlook

Wells Fargo is cutting jobs in its home lending business, just days after reporting weak mortgage earnings in the first quarter of 2022.

The post Wells Fargo cuts mortgage jobs amid poor outlook appeared first on HousingWire.

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Wells Fargo cuts mortgage jobs amid poor outlook

housingwire housingwire | 2 years ago

Wells Fargo is cutting jobs in its home lending business, just days after reporting weak mortgage earnings in the first quarter of 2022. The post Wells Fargo cuts mortgage jobs amid poor outlook appeared first on HousingWire.

In retreat, Wells Fargo cuts additional mortgage jobs

housingwire housingwire | 1 year ago

Wells Fargo, which is likely to reduce its footprint in mortgage, revealed this week that it will shed another 125 jobs at its home lending division by the end of August. The post In retreat, Wells Fargo cuts additional mortgage jobs appeared first on HousingWire.

Mr. Cooper cuts more jobs as origination outlook dims

housingwire housingwire | 1 year ago

Top-10 residential lender and servicer Mr. Cooper has cut another 420 jobs, the second major layoff it has made this year. It's also lowered guidance on originations income in Q2. The post Mr. Cooper cuts more jobs as origination outlook dims appeared first on HousingWire.