Thread regarding Wells Fargo & Co. layoffs

Has WF hired a new head of mortgage yet?

Kristy Fercho announced she was moving to a DEI over a year ago, still no replacement?

She was a disaster in her short tenure as head of home lending they had to promote her to get her out.

Where’s the new mortgage president?

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| 1771 views | | 11 replies (last September 12, 2023) | Reply
Post ID: @OP+1oxedOjA

11 replies (most recent on top)

Just saw a new requisition for Head of DEI last week. Wonder what’s happening?

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Post ID: @2hmc+1oxedOjA

Mortgage is all done now.

It's time to let go and move on.

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Post ID: @1xad+1oxedOjA

It's crazy how most of the big wigs under chuck never really get laid off, they just get shuffled from position to position. No matter if they do a lousy job.

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Post ID: @1mfd+1oxedOjA

@1tfj

Look it up in the org chart or read one of the many press releases. Stop being lazy.

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Post ID: @1hue+1oxedOjA

Mortgage rates are comparable to some super prime credit cards in recent years. I think WF can take a beat on this market until rates calm down.

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Post ID: @1qgm+1oxedOjA

@twc+1oxedOjA

Who’s the replacement?

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Post ID: @1tfj+1oxedOjA

Mortgage is dead. Charlie already announced in January they were exiting. He has moved everything to India

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Post ID: @gcd+1oxedOjA

there's been a replacement in place for months... try to keep up !

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Post ID: @tmw+1oxedOjA

Her replacement has been in place for a few months

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Post ID: @twc+1oxedOjA

Yeah, no one wants a job that won't exist soon.

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Post ID: @lyr+1oxedOjA

We won't need one. The mortgage business is dead at Wells Fargo, and looks like they are planning to exit the mortgage business eventually.

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Post ID: @ggm+1oxedOjA

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