Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
W S
Lending / The Ticker

Wells Fargo cuts 150 positions in Charlotte

cut money
/ Print / Reprints /
| Share More
/ Text Size+

According to the Charlotte Observer, Wells Fargo (WFC) is cutting 150 workers in the Charlotte, N.C., region as the bank continues to adjust to changing demand levels within its mortgage segment.

The layoffs are on top of 284 Charlotte-area employees the company said it was laying off last month as a result of declining refinancing business.

Wells Fargo spokeswoman Christine Shaw said the 150 workers were among 1,865 company employees across the country who were given 60-day notices Wednesday. In Raleigh, 48 workers received notices Wednesday, she said.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus