Sign In
Create Account
Sign Out
My Account
Cart
Inside Mortgage Finance
MBS & ABS
The GSEs
The CFPB
Mortgage Trends
FHA/VA Lending
Nonconforming Markets
Data
Subscribe to Data
Home
» Low Performing LOs in Danger? Mortgage Layoffs Accelerate at SunTrust, Wells Fargo
Looking to read the full article? Register today!
Low Performing LOs in Danger? Mortgage Layoffs Accelerate at SunTrust, Wells Fargo
October 18, 2013
Paul Muolo
Wells Fargo late this week cut an additional 925 mortgage full-timers from its payroll while SunTrust Mortgage trimmed 800 positions.
News
IMFnews
Inside Mortgage Finance
Inside Mortgage Trends
Originations
Personnel
Latest Imf News
FHFA and Treasury Eliminate Cap on GSE Retained Earnings. Now What?
Is Wall Street Running Out of (Nonbank) Mortgage IPO Candidates?
4Q Results Begin: Wells Slides in Mortgages, JPM Gains…
Non-Agency Securitizations Still a Work in Progress. Re: COVID
More Imf News
Featured Data
TPO Channels Claw Back Market Share in 3Q20
Agencies Push MBS/ABS Issuance to $3.64 Trillion in 2020
Agency Single-Family Market Tops $1 Trillion in 4Q20
Nonbanks Expand Footprint in GSE Sales and Servicing
More Featured Data
Featured Reports
Agency Channel Analysis: 3Q20 (PDF)
Top Mortgage Players 3Q20 (PDF Format)
Mortgage Profitability Report 3Q20 (PDF)
Lender Profiles 3Q20: Top 25 (PDF)
More Latest Reports
Featured Poll
Refinances were the hot story of 2020, but plenty of purchase lending still got done as well. What did your shop’s loan breakdown look like?
Refis were more popular by far
Business was brisk for both products
Purchase loans were our bread-and-butter
View Results