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
Finance of America reports a $64M loss in Q1
May 09, 2022Fast-rising interest rates hit Finance of America Companies hard in the first quarter and the company cut almost 600 jobs.
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Guaranteed Rate’s Owning continues layoffs
May 09, 2022 -
Interfirst to lay off 140 employees
May 02, 2022 -
Mr. Cooper lays off workers as originations nosedive
Apr 29, 2022 -
The latest on layoffs and buyouts at the big lenders
Apr 29, 2022 -
Union Home Mortgage the latest to trim workforce
Apr 28, 2022 -
Flagstar Bancorp cuts 20% of its mortgage staff
Apr 27, 2022 -
Rocket offers voluntary buyouts to 8% of workforce
Apr 26, 2022 -
Wells Fargo cuts mortgage jobs amid poor outlook
Apr 22, 2022 -
How Blend plans to survive a shrinking mortgage market
Apr 22, 2022 -
Better.com institutes third major layoff
Apr 19, 2022 -
Which mortgage lenders are likely to thrive this year?
Apr 15, 2022
