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Umpqua Bank (NMLS #401867) offers lending, banking and financial advisory services, and its mortgage department helps customers buy, build, remodel and refinance homes.
Umpqua Holdings Corp. has cut 100 jobs in its mortgage group so far this year, amid broader industry tumult spurred by rising mortgage rates and declining home sales. Cathy Cheney By Jonathan Bach ...
The combined bank's CEO, Clint Stein, talked about headcount and headquarter management in a post-close interview. Umpqua Bank slashes mortgage group with second round of layoffs Oregon's Most ...
Umpqua said this was largely a result of weakness in its mortgage portfolio because of rising interest rates. Residential mortgage banking revenue totaled $30.5 million, down 31% from a year earlier ...
The bank upped its multifamily loan book to $4.8 billion in the second quarter of 2022 — a 34 percent increase from the same period in 2021, according to earnings announcements.
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