Wells Fargo laying off 91 in Fort Mill

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Wells Fargo said Thursday it is laying off nearly 100 employees from its mortgage operation in Fort Mill, citing improvements in foreclosure rates and not enough demand for mortgage refinancing.

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Earlier this year, Wells Fargo announced it was laying off 100 employees at a Fort Mill, North Carolina-based mortgage office, and 63 more mortgage employees at a Frederick, Maryland-based office.

Wells Fargo announced Friday it was laying off 100 employees in its Fort Mill, S.C., mortgage operation – the bank’s latest cuts to that business. The San Francisco-based bank attributed the layoffs to declines in foreclosures and origination volumes as mortgage rates rise. It also cited tight supplies of homes for sale, which has hurt nationwide demand to buy houses.

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San Francisco-based Wells Fargo announced Wednesday it is laying off 91 employees in Fort Mill in response to ongoing declines in foreclosures and lower demand for mortgages.

Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC (WFCS) and Wells Fargo advisors financial network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company.

Wells Fargo said Thursday it is laying off nearly 100 employees from its mortgage operation in Fort Mill, citing improvements in foreclosure rates and not enough demand for mortgage refinancing.

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Starbucks plans to layoff non-retail workers Gant said East Tennessee might see some 2 to 4 inches of rain – “maybe a little bit higher than that” – with northeast Tennessee and the mountains likely getting the heaviest precipitation. He.