Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market

[csrcsr]

• Instead of its previous goal of reaching as many Americans as possible, the company will now focus on home loans for existing bank and wealth management customers and borrowers in minority communities, CNBC has learned.
• As part of its retrenchment, Wells Fargo is also shuttering its correspondent business that buys loans made by third-party lenders and "significantly" shrinking its mortgage-servicing portfolio through asset sales.
• Altogether, the shift will result in a fresh round of layoffs for the bank's mortgage operations, executives acknowledged, but they declined to quantify exactly how many jobs will be lost.

[TheRealBulBul]

Layoffs start

[TuesdayStories]

I worked in wells anna

[pandemkodi]

Earnings season coming and banks will be dumped big 

[csrcsr]

44 minutes ago, TuesdayStories said:

I worked in wells anna

Cool come back

[csrcsr]

42 minutes ago, pandemkodi said:

Earnings season coming and banks will be dumped big 

Emo anna earning calls ante bayam avutundi enni leputaro 1st quarter will be tough

[TuesdayStories]

1 hour ago, csrcsr said:

Cool come back

nee lanti brother prathi intlo unte masth dilkush anna