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Big bank to lay off hundreds of its mortgage staff

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Mortgage Professional America | 04 Feb 2015, 12:12 PM Agree 0
The lender said the layoffs are due to the declining number of delinquent mortgages the bank now services.
  • Glen Weinberg | | 04 Feb 2015, 12:41 PM Agree 0
    With all the new Alt A / subprime products coming back into the market, all these folks will be gainfully employed in 5 years when history repeats itself again
  • desert Fox | | 04 Feb 2015, 01:31 PM Agree 0
    Only America ! Recycle it sell it ! Survival of the fittest
  • | | 04 Feb 2015, 04:34 PM Agree 0
    Oh wonderful. My last few short sales with BofA and Wells Fargo reminded me of the 2008-09 nightmares. They are understaffed already this year.
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