Washington Mutual’s decision to exit wholesale lending means that 106 of its home loan centers will be shut down and aproximately 3,000 workers will lose their jobs.

WaMu spokesman Gary Kishner said some employees would be eligible for severance, while others might have an opportunity to apply for positions as mortgage loan consultants. They would work out of WaMu bank branches

“I can’t venture a guess as to how many will be eligible,” Kishner said.

“Loans in process will continue to be processed,” he added. “Our effort is to minimize the impact for customers.”

People seeking new loans should go to WaMu bank locations

 In December 3,150 employees were laid off this job cut comes in addition to the previous one.