Banks in U.S. Overwhelmed by Mortgage Refinancing Boom After Reducing Jobs – Bloomberg
September 3, 2011 by sgtwak
Filed under Home business news
 MiamiHerald.com |
Banks in U.S. Overwhelmed by Mortgage Refinancing Boom After Reducing Jobs
Bloomberg (WFC), the largest US home lender, is no longer hiring temporary staff and outsourcing firms when applications jump because of separate rule changes, according to Franklin Codel, head of national consumer lending at its mortgage unit. “The industry has … Lenders add staff as low rates spur refinancing |
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