SunTrust (STI) slashed about 100 jobs in its mortgage operations across the U.S. this summer, the Richmond Time-Dispatch reported.
The cuts were made across numerous geographic locations in response to a lower volume in applications, SunTrust spokesman Hugh Suhr said.
“The positions were geographically scattered throughout numerous locations, and the number in Richmond was a much smaller subset,” he said. “We are not breaking those down on a local basis.”
