Adds Wells Fargo response Dec 1 (Reuters) - Wells Fargo & Co WFC.N has cut hundreds of jobs in its mortgage business across the country, Bloomberg News reported on Thursday citing people familiar with the bank's plans. Higher inflation and rapidly rising mortgage rates have started to weigh on the housing market as buying homes becomes costlier, hitting what was until last year a booming industry. The latest reductions in the lender's mortgage unit add to thousands already made by Wells Fargo this year, the Bloomberg report said.