Industry News

First Horizon plans to shed 1,500 jobs by early 2008

Mortgage banking division in the red this year
Published on Sep 13, 2007

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by CareyBot

First Horizon Home Loans will cut its mortgage sales force in half, reduce support staff, and close “underperforming” mortgage branches, its parent company said Wednesday, as part of a plan to eliminate at least 1,500 jobs companywide by early next ...