Mortgage and Housing Layoffs
Most of America’s largest mortgage lenders have instituted at least one round of layoffs this year. A rapid rise in mortgage rates and a big drop in origination volume has led to thousands of industry job losses in 2022 and 2023.
Latest Posts
As fundraising environment freezes, power buyer UpEquity cuts staff
Jun 23, 2022“Our purchase volume is strong, but our refinance volume has evaporated,” said UpEquity CEO Tim Herman. “We’re not growing at the pace with which we hired for or projected.”
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Reverse starts to feel the rate shockwave
Jun 23, 2022 -
JPMorgan Chase to cut hundreds of mortgage jobs
Jun 22, 2022 -
Has CoStar found Zillow’s Achille’s heel in NYC?
Jun 22, 2022 -
Compass and Redfin make cuts amid volatile market
Jun 14, 2022 -
Wyndham Capital Mortgage plans new round of layoffs
Jun 10, 2022 -
Fallout from the Figure and Homebridge merger cancellation
Jun 08, 2022 -
These mortgage lenders have cut jobs in 2022
Jun 06, 2022 -
Mr. Cooper cuts more jobs as origination outlook dims
Jun 03, 2022 -
Keller Mortgage eliminates some operations positions
May 25, 2022 -
Pennymac plans to lay off another 207 employees
May 23, 2022 -
Layoffs, again: Fairway is the latest lender to trim workforce
May 19, 2022
