Bank of America set to cut jobs as lenders hit by mortgage slip

Posted: September 11, 2013 at 3:29 a.m.

Mortgage lenders including Wells Fargo & Co. and JPMorgan Chase & Co. that took advantage of refinancings as interest rates reached all-time lows are now warning that the drop in demand stands to be steeper than expected.

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Business, Pages 27 on 09/11/2013