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
Movement Mortgage to lay off 180 employees
Oct 04, 2018For the third time this year, Movement Mortgage is cutting its workforce. Movement announced Thursday that it is laying off 180 of its employees on Friday. In a note from CEO Casey Crawford released Thursday afternoon, the CEO explained that the lender is making this decision “in response to a nationwide downturn in the housing and mortgage market.”
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USAA Bank plans to layoff 265 employees in November
Sep 21, 2018 -
Wells Fargo expects to cut as many as 26,500 jobs in the next 3 years
Sep 20, 2018 -
HOT or NOT September: What’s trending in housing right now
Sep 04, 2018 -
Wells Fargo to lay off 638 mortgage lending employees
Aug 24, 2018 -
Ditech Financial to close South Dakota call center
Aug 16, 2018 -
Trump administration to cut 40 government finance employees
Aug 08, 2018 -
Capital One to lay off another 286 employees
Aug 01, 2018 -
Texas-based mortgage call center unexpectedly closes doors
Jul 27, 2018 -
Mortgage lender HomeStreet shuts offices, lays off more than 100 full-timers
Jul 26, 2018 -
[Exclusive] The Money Source abruptly lays off 60 people
Jul 02, 2018 -
Wells Fargo lays off 63 mortgage employees in Maryland
Jun 27, 2018
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