Wells Fargo to Cut Back Mortgage Business After Scandals Take Toll ...

Wells Fargo & Co. plans to shrink its vast mortgage empire, which once churned out one of every three home loans in the US and for a time made the bank the most valuable in the nation. Have a ... Read More

Wells Fargo pulls back from housing mortgage market - New York Post

Wells Fargo is cutting back on its once-mammoth mortgage-lending business as it weathers a downtown in the US housing market and sustained scrutiny from federal regulators. Read More

Wells Fargo plans retreat from mortgage business

Wells Fargo & Co. plans to shrink its vast mortgage empire, which once churned out one of every three home loans in the U.S. and for a time made the bank the most valuable in the nation. No longer ... Read More

Wells Fargo Backing Off Mortgage Market - The Real Deal

Wells Fargo is planning on pulling back its mortgage business, Bloomberg reported. The retreat will likely begin by reducing the bank’s ties to outside mortgage firms, which generated about a ... Read More

Wells Fargo cuts hundreds of jobs in mortgage business - Bloomberg News ...

(Reuters) -Wells Fargo & Co has cut hundreds of jobs in its mortgage business across the country, Bloomberg News reported on Thursday citing people familiar with the bank's plans. Read More

Wells Fargo Cuts More Than 500 Mortgage Staff on Strategy Shift

Wells Fargo & Co. cut hundreds of jobs in its mortgage unit this week, adding to thousands of cuts last year, as the firm retreats from a business it once dominated. Read More

Wells Fargo Dials Back Mortgages, Servicing in New Strategy

Wells Fargo & Co., announcing a “new strategic direction” for a mortgage empire that was once the largest in US banking, said it will stop funding home loans arranged by outsiders and shrink ... Read More

Wells Fargo is stepping back from the mortgage business | Charlotte ...

Wells Fargo is one of the largest mortgage lenders in the country — but perhaps not for much longer. On Tuesday, the bank announced it will step back from the home lending business, a move that ... Read More

Wells Fargo is cutting 600-plus mortgage jobs as that business slows

Wells Fargo & Co. is cutting 638 mortgage employees, including 190 in California, as the nation’s largest home lender contends with a slowdown in the business. Read More

Wells Fargo lays off mortgage bankers — including some treated to ...

Bloomberg reported more than 500 employees in Wells Fargo’s mortgage business lost their ... The layoffs were confirmed weeks after Wells Fargo signaled plans to cut back on its mortgage services. Read More