Industry News

Washington Mutual lays off 2,500 workers

Mortgage lender to close 10 loan centers
Published on Feb 16, 2006

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by CareyBot

Continuing a series of mortgage industry layoff announcements, Washington Mutual Wednesday said it would close 10 of its 26 home-loan processing centers, eliminating 2,500 jobs. Washington Mutual, the third-largest U.S. mortgage lender by total volume in 2004, said the cuts ...

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