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Altogether, the shift will result in a fresh round of mortgage loans trussville al for the bank's mortgage operations, executives acknowledged, but mortgage loans trussville al declined to quantify exactly how many jobs will be lost. Thousands of mortgage workers were terminated or voluntarily left the company last year as business declined. The news shouldn't be a complete surprise to investors or employees.
Wells Fargo staff loans mn speculated for months about changes coming after Scharf telegraphed his intentions several times in the past year. Bloomberg reported in August that the bank was considering paring back or halting correspondent lending.