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
Better.com’s CEO apologizes, but the fallout continues
Dec 08, 2021Blowback to Vishal Garg’s layoff of 900 Better.com staffers on a Zoom call has been immense, even following an apology this week from the CEO.
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Better.com lays off LOs, secures $750M cash injection
Dec 01, 2021 -
Interfirst Mortgage to lay off nearly 50 LOs
Nov 23, 2021 -
REX undergoes second round of layoffs
Oct 11, 2021 -
CU Direct’s Origence hit with layoffs
Sep 01, 2021 -
Unemployment recovery slows with pandemic uncertainty
Feb 05, 2021 -
Jobless claims fell to 1.2 million last week
Aug 06, 2020 -
Foreclosure threat grows as COVID-19 surges, Fed says
Jul 06, 2020 -
Number of unemployed Americans falls below 20 million
Jun 25, 2020 -
Airbnb cuts about 25% of its global workforce
May 05, 2020 -
Opendoor’s Erica Galos Alioto on leading through layoffs
Apr 23, 2020
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