Skip to content
  • 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 » Store » Profitability » Megabanks Continue Trimming Capacity

Megabanks Continue Trimming Capacity

$50.00
Profitability

Product Details

Over the past two months, some of the nation’s largest residential lenders – Bank of America, Citigroup and Wells Fargo – have sent layoff notices to 7,200 full-timers, according to figures compiled by Inside Mortgage Trends. The layoffs break down as follows: 4,100 at Wells Fargo, 2,100 at BofA and 1,000 at Citigroup. JPMorgan Chase, the nation’s number two ranked lender, has been trimming staff as well. In total, roughly 1,200 mortgage workers were let go at Chase locations in Texas and California ...
  • About
    • About Inside Mortgage Finance
    • Contact Us
    • Advertising
    • Privacy Policy/Terms
    • Article Reprints/Web Postings
    • Copyright FAQ
  • Customer Center
    • Subscribe
    • Request a Sample
    • Account Inquiries
    • Change of Address
    • Change of Delivery Method
    • Data Licensing
    • Password Reminder
    • Group Subscriptions
    • Refunds
    • Renew Your Subscription
    • E-mail Newsletters
  • Mortgage Data
    • Origination
    • Servicing and Portfolios
    • Mortgage Insurance
    • Securitization
    • Agency MBS Activity
    • Non-Agency MBS Activity
    • MBS Investor Activity
    • ABS Activity
    • Commercial MBS Activity
    • Funding Activity
    • Earnings and Financials
    • Regulatory Data
    • Mortgage Rates and Terms
    • Subscribe to Data
    • Lender Profiles
    • HMDA Dashboard
    • Contacts Directory
    • Custom Data
    • Data Licensing
  • Reports
    • Data Reports
    • Industry Studies
    • Regulatory Reports
    • Statistical Annual
    • Free Reports

© Copyright 2025 Inside Mortgage Finance Publications
Design, CMS, Hosting & Web Development :: ePublishing