US Bank Imposes Mortgage Layoffs

HousingWire, July 18, 2023–Flávia Furlan Nunes (subscription)
Minneapolis-based U.S. Bank, the fourth-largest U.S. mortgage lender, is laying off staffers in its mortgage division this week, a spokesperson confirmed on Tuesday. The announcement follows a decline in its mortgage originations in the first quarter of 2023 – the second-quarter earnings will be released on Wednesday morning.
https://www.housingwire.com/articles/us-bank-imposes-mortgage-layoffs/