Wells Fargo Lays Off Hundreds
Continues its plan to create a 'more focused home lending business.'
Continues its plan to create a 'more focused home lending business.'
Bank reports 4Q earnings cut in half due to settlements, fewer mortgage originations.
Decision to exit correspondent lending not a surprise to N.Y. lender.
Bank announces strategic plans to 'create a more focused home lending business.'
Integration of systems automates workflow and document analysis to enhance loan submission.
'We've taken our industry leading technology and made it a one-stop-shop for non-delegated correspondent lenders."
Bank execs reject reports of plans to abandon the sector.