Economics

Wells Fargo to cut 925 jobs as refinancing drops

Wells Fargo to cut 925 jobs as refinancing drops (via AFP)

Wells Fargo, the biggest US mortgage lender, said Thursday it would cut a further 925 jobs in its home lending business due to a decline in refinancing. “Yesterday, across the country, we provided a 60-day notice of displacement to 925 mortgage team…

Get our newsletter and our in-depth investor case studies all for free!