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Why are US banks laying off mortgage staff?

Tue 24 Sep 13 | 02:20 AM ET
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Why are US banks laying off mortgage staff?

Tue 24 Sep 13 | 02:20 AM ET
Richard Staite, US banks analyst at Atlantic Equities, tells CNBC that US banks are laying off mortgage staff involved in refinancing old mortgages.

Topics:

United States  | Squawk Box Europe Banks

Sectors:

 | Mortgages
 
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