Wells Fargo commits $210M to racial equity in wake of criticism
Wells Fargo commits $210M to racial equity in wake of criticism
Wells Fargo said it would commit $210 million to advance racial equity in homeownership in the U.S., following a Bloomberg investigation that found the bank approved fewer than half of Black applicants for a home refinancing in 2020.
The post Wells Fargo commits $210M to racial equity in wake of criticism appeared first on HousingWire.
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Wells Fargo said it would commit $210 million to advance racial equity in homeownership in the U.S., following a Bloomberg investigation that found the bank approved fewer than half of Black applicants for a home refinancing in 2020.
The post Wells Fargo commits $210M to racial equity in wake of criticism appeared first on HousingWire.
Wells Fargo said it would commit $210 million to advance racial equity in homeownership in the U.S., following a Bloomberg investigation that found the bank approved fewer than half of Black applicants for a home refinancing in 2020.
The post Wells Fargo commits $210M to racial equity in wake of criticism appeared first on HousingWire.
Terminated consultants told a news outlet they received mixed messages on bank policy while committing the conduct in question.
Terminated consultants told a news outlet they received mixed messages on bank policy while committing the conduct in question.
The cuts are occurring across the country, according to employees posting anonymously.
The cuts are occurring across the country, according to employees posting anonymously.
Bankโs CFO said it was the largest quarter-to-quarter drop since 2003
Bankโs CFO said it was the largest quarter-to-quarter drop since 2003
The cuts are occurring across the country, according to employees posting anonymously.
The cuts are occurring across the country, according to employees posting anonymously.
The cuts are occurring across the country, according to employees posting anonymously.
The cuts are occurring across the country, according to employees posting anonymously.
Wells Fargo's cuts are occurring across the country, according to employees posting anonymously.
Wells Fargo's cuts are occurring across the country, according to employees posting anonymously.
The cuts are occurring across the country, according to employees posting anonymously.
The cuts are occurring across the country, according to employees posting anonymously.
Wells Fargo will lay off 107 workers at the end of August in Des Moines, where its home mortgage division is based. It was the company's latest move in response to declining origination and refinance activity.The bank hasnโt disclosed the number of impacted mortgage staff since it began layoffs in April, but said Wednesday that 35% of them have moved into other roles within the company.ย โThe home lending displacements are the natural result of cyclical changes in the broader home lending e...
Wells Fargo will lay off 107 workers at the end of August in Des Moines, where its home mortgage division is based. It was the company's latest move in response to declining origination and refinance activity.The bank hasnโt disclosed the number of impacted mortgage staff since it began layoffs in April, but said Wednesday that 35% of them have moved into other roles within the company.ย โThe home lending displacements are the natural result of cyclical changes in the broader home lending e...