Hundreds of real estate finance positions in the Buckeye State are being eliminated by US Bank. Impacted departments handled a variety of mortgage support issues.

The Minneapolis-based bank-holding company has disclosed plans to eliminate mortgage-related jobs in Bedford, Ohio. The city is part of the Cleveland metropolitan area.

Among the operations located at the site is U.S. Bank Home Mortgage’s support services for the mortgage revenue bond program, housing finance agencies and distressed borrowers.

Source: Mortgage Daily