Relevant:
- Home lenders shed workers as mortgage rates climb
- BofA Cuts Jobs as Mortgage Slump Ensnares JPMorgan, Wells Fargo
- Wells Fargo Financial Consolidates; 683 offices close, 3800 jobs gone
- JPMorgan And Wells Fargo Report Record Profits, Potential Long-Term Opportunities
- Where to go to Refinance Your Jumbo Mortgage
2011-04-08 — calculatedriskblog.com
``A rebound in mortgage rates from last year's near-record low has reduced consumer demand for home loans and refinancings, leading Wells Fargo & Co. to join other industry stalwarts in laying off loan processors and related workers.''
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