Mobile Mortgage News

Citigroup closing Orange, Irvine offices and cutting 1,860 jobs nationwide

posted 11 weeks ago on Mortgage Insider

Citigroup said today it plans to close offices in Orange and Irvine, eliminating 419 local jobs, as part of a previously announced consolidation of its home lending businesses amid a housing slump and drop in demand for mortgages. The New York-based financial services giant is shutting down and integrating the subprime operations it bought from billionaire [...]

Related Headlines

Search: