Ally Financial to exit mortgage origination business

Research analysts at Truist Financial started coverage on shares of Ally Financial (NYSE:ALLY – Get Free Report) in a ...
Ally Financial (ALLY) plans to cut hundreds of jobs companywide, bank spokesman Peter Gilchrist confirmed in a statement to The Charlotte ...
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Ally Financial said Wednesday it will enact a layoff of less than 5% of its 11,000-employee workforce, as well as exit the mortgage-origination business, as the company is burdened by borrowers ...
The bank also announced plans to exit the mortgage origination business this quarter. Ally is exploring strategic ...
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