Wells Fargo Home Mortgage Layoffs

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.Jul 6, 2022

Recent News and Discussions About Wells Fargo Home Mortgage Layoffs

Wells Fargo launches new round of home-lending layoffs

https://www.bankingdive.com/news/wells-fargo-launches-new-round-of-home-lending-layoffs/626758/

Wells Fargo launches new round of home-lending layoffs
Jul 7, 2022 — Wells Fargo notified 107 Iowa-based workers last week they would be laid off by late August, according to Worker Adjustment and Retraining …


Wells Fargo starts layoffs in home lending unit – Banking Dive

https://www.bankingdive.com/news/wells-fargo-starts-layoffs-in-home-lending-unit/622632/

Apr 25, 2022 — Wells Fargo has begun laying off an undisclosed number of its home lending employees, little more than a week after reporting mortgage …


Latest Wells Fargo News: Layoffs, Hiring Scrutiny, Mortgage …

https://www.businessinsider.com/latest-wells-fargo-news-hirings-layoffs

Jun 28, 2022 — Wells Fargo laid off home lending employees in at least five major markets in April as the Federal Reserve starting ticking interest rates …


In retreat, Wells Fargo cuts additional mortgage jobs

In retreat, Wells Fargo cuts additional mortgage jobs

Jul 6, 2022 — Wells Fargo , the third-biggest mortgage lender in the country, will lay off 125 employees in its home lending division in Iowa by the end of …


Wells Fargo lays off 107 more workers in Des Moines metro

https://www.desmoinesregister.com/story/money/business/2022/07/05/wells-fargo-layoffs-jobs-cuts-des-moines-ankeny-employees/7810237001/

Jul 5, 2022 — Wells Fargo & Co. announced another round of layoffs in the Des Moines … Wells Fargo ‘s home mortgage division is based in Des Moines, …


Wells Fargo & Co. Layoffs – TheLayoff.com

https://www.thelayoff.com/wells-fargo-and

Also, the company is the second largest bank in terms of deposits, home mortgage servicing, and debit cards. Wells Fargo’s business activities can be …


Layoffs Watch ’22: JPMorgan Chase, Wells Fargo – Dealbreaker

https://dealbreaker.com/2022/06/jpmc-wells-mortgage-layoffs

Jun 23, 2022 — Wells Fargo & Co., the biggest mortgage lender among US banks, has also been laying off and reassigning employees in its home -lending …


A Long List of Mortgage Layoffs, Mergers, and Closures

A Long List of Mortgage Layoffs, Mergers, and Closures

Wells Fargo cut roughly 90 mortgage jobs in Des Moines area (5/24/22) … Redfin to acquire Bay Equity Home Loans , 121 layoffs (1/11/22)


Mortgage Layoffs Surge As Rising Rates Crush Lending Activity

https://www.forbes.com/sites/davidwestenhaver/2022/06/23/mortgage-layoffs-surge-as-rising-rates-crush-lending-activity/

Jun 23, 2022 — Wells Fargo laid off at least 114 employees in its mortgage lending team this year following a 33 percent drop in first-quarter revenue to less …


Wells Fargo Confirms Mortgage-Related Job Eliminations

https://nationalmortgageprofessional.com/news/wells-fargo-confirms-mortgage-related-job-eliminations

Apr 25, 2022 — Wells Fargo has confirmed that on Friday it eliminated jobs related to its mortgage -lending business, just eight days after the bank …


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