Per https://www.thetruthaboutmortgage.com/wells-fargo-to-exit-correspondent-lending-shrink-mortgage-business/. Humm... I thought Charlie was going to have Wells become a "technical company" and compete against Rocket and UWM. I guess there is another plan now.
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The only thing that Chuckles has done is hire his friends for big bucks, alienate staff so the good ones leave and make WF no longer "too big to fail"
I think we will be selling pieces off soon until nothing is left. It is disgusting.
Now if only we could exit the stupid executive decision business...
Employees complain to HR with zeal
Asking for help with broken ethics they feel
The HR staff hearing complaint
Told staff shuddup manager side is not quaint
The job you must do we ignore your squeal
Chuckie is rich, but its not enuf
Squeezing employees, his game is no bluff
he's here for one reason to extract so much more
employees are targets, he'll see you outdoor
Your salary his pocket you are gone sure enuf
Corporate america is much different than before
Max profits min employees its really class war
Minimize value to customers is new game in town
Barely comply with regulations until gov start frown
The raiding will continue quicker and hard core
This was announced on Teamworks yesterday.
Fake mortgages are too hard to create. Time to exit the business.