--Wells Fargo & Co. (WFC) intends to add members to teams processing mortgage applications as volume rises, Reuters reports Thursday, citing "a memo viewed by Reuters."

--The move to bring on more employees comes after the bank laid off hundreds of mortgage employees last year, the report said.

--Wells Fargo didn't immediately respond to requests for comment, the report said.

Full story: https://www.reuters.com/article/us-wells-fargo-mortgages-exclusive/exclusive-wells-fargo-beefs-up-mortgage-division-to-cope-with-higher-volumes-idUSKBN1WP29B

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

October 10, 2019 18:46 ET (22:46 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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