Wells Fargo announced its Fort Mill, North Carolina-based mortgage office will lose 100 employees, according to an article written by Caroline Hudson for Charlotte Business Journal.
This area has already been hit hard with layoffs: last month, Wells Fargo laid off 36 mortgage bankers working from their offices in Charlotte and Fort Mill, S.C, while an additional 91 people in the.
Wells Fargo laying off 91 in Fort Mill. Wells Fargo said Thursday it is laying off nearly 100 mortgage employees in Fort Mill, the bank’s latest job cuts to the operation. In announcing the 91 layoffs, the San Francisco-based bank cited drops in delinquency and foreclosure rates and slumping demand to refinance mortgages – reasons.
Wells Fargo slashes more than 300 mortgage jobs. Wells Fargo will slash more than 300 mortgage jobs as rates rise and originations fall, the company has announced. The banking giant announced Friday that it was laying off 100 employees at its Fort Mill, S.C., mortgage operation, according to The Charlotte Observer.
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Out of Fort Mill, South Carolina comes news that Wells Fargo Home Mortgage (not Wells Fargo Funding – the correspondent arm) is laying off 100 employees. And on Friday Impac Mortgage Holdings Inc.’s stock price dropped almost 5% on unusually high volume – it is now less than $10 per share.
By Wells Fargo is laying off 106 employees in its Charlotte-area mortgage operation, part of a nationwide cut affecting 638 employees, the company said Thursday. In the Charlotte region, five of the.
Wells Fargo is laying off more employees in Charlotte. this month announced about 120 layoffs from the closure of a reverse-mortgage operation in Fort Mill, S.C. Wells Fargo continues to shed jobs.
Wells Fargo laying off 91 in Fort Mill mortgage unit. In March, Wells Fargo announced approximately 1,142 nationwide layoffs in its unit that deals with troubled mortgage borrowers, including 20 layoffs in the charlotte region. charlotte-based Bank of America has also cut mortgage staff. In February, it announced the layoff.
Over the summer, the bank laid off 600 employees in its mortgage division which has faced challenges due to a slowdown in refinancing demand. Aside from headcount reductions, Wells Fargo has pledged.
Wells Fargo is cutting 91 jobs from its mortgage operation in Fort Mill, the bank announced Wednesday.
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