“Citi has made a small number of staffing reductions within our mortgage team due to internal streamlining of functions," a company spokesperson told the news service.
Another source said that fewer than 100 roles were affected.
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The Rise of AI in Mortgage Origination: Driving Efficiency and Accuracy
Discover how AI is transforming mortgage origination by improving efficiency, accuracy, and customer satisfaction. Explore key trends and real-life examples in this insightful article.
Estimated reading time: 0 minutes, 18 seconds
Citigroup Joins Wells Fargo in Laying Off Mortgage Pros
Citigroup has followed competitors such as JPMorgan Chase and Wells Fargo in cutting mortgage jobs. So reports Bloomberg.
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