BoA To Slash 3,200 Mortgage Jobs

18 Apr 2011

Bank of America has announced it will cut around 3,200 staffers in its mortgage unit as a result of declining mortgage applications.

Bank of America has announced it will cut around 3,200 staffers in its mortgage unit as a result of declining mortgage applications. Those losing their jobs will be mainly loan processors and underwriters but will also include some loan officers. About 1,500 positions affected are full time, as ...

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