Wells Fargo to cut 2,300 mortgage jobs as refinancing slows

Wells Fargo, the largest mortgage lender in the United States, will cut 2,300 jobs in its home loan business because fewer customers are refinancing as interest rates rise, according to an internal memo reviewed by Reuters.

via Business feed http://www.scmp.com/business/banking-finance/article/1298535/wells-fargo-cut-2300-mortgage-jobs-refinancing-slows