Wells Fargo Cutting 1,800 More Jobs in Mortgage Business

``Wells Fargo & Co. (WFC), the biggest U.S. mortgage lender, is cutting about 1,800 jobs in its home-loan production business as an increase in mortgage rates curtails borrower refinancing demand. The cuts are in addition to 3,000 earlier this quarter, Tom Goyda, a spokesman for the San Francisco-based bank, said today in an interview. That included 2,300 announced Aug. 21 and smaller reductions prior to that, Goyda said.''