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SunTrust cuts 100 mortgage operations positions

SunTrust (STIslashed about 100 jobs in its mortgage operations across the U.S. this summer, the Richmond Time-Dispatch reported.

The cuts were made across numerous geographic locations in response to a lower volume in applications, SunTrust spokesman Hugh Suhr said.

“The positions were geographically scattered throughout numerous locations, and the number in Richmond was a much smaller subset,” he said. “We are not breaking those down on a local basis.”

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