Thread regarding Wells Fargo & Co. layoffs

Changes in Mortgage / Home Lending?

Anyone in mortgage/home lending hear of any changes coming? I’ve been at Wells (as a HMC) for 20 years and it has certainly changed. It seems like they are trying to do more of a centralized model. HELOC’s are gone. The pay for internal refinances is almost nothing. The amount of “big brother watching” investigations and internal audits is astounding. The whole processing model with random processors is awful. Not sure if this is the place to be any longer…

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Post ID: @OP+1gpiO9Y2

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What do you think "Americas Most Trusted Home Lender" means. All automation and machines so humans can't mess it up or bill overtime.

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Post ID: @1jua+1gpiO9Y2

Start asking about North Star... it's basically technology to replace HMCs... good luck!

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Post ID: @1xrf+1gpiO9Y2

Get out fast. It’s sinking. I know, I left this year already!

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Post ID: @1ytj+1gpiO9Y2

The ship is taking on water; get out before it completely sinks.

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Post ID: @lrl+1gpiO9Y2

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