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
Here’s what unemployed Realtors should do next
Apr 13, 2020The stimulus package passed gives freelance workers benefits, including a $600 weekly salary, benefits and the paycheck protection program.
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UWM CEO Mat Ishbia promises no layoffs during coronavirus slowdown
Apr 09, 2020 -
Compass lays off 15% of its staff as coronavirus hits real estate hard
Mar 24, 2020 -
Goldman Sachs claims a staggering 2.25 million people just lost their jobs
Mar 20, 2020 -
Freedom Mortgage laying off 171 mortgage servicing employees
Mar 02, 2020 -
Mr. Cooper shuttering Oregon office, laying off 301 employees
Jan 29, 2020 -
Santander Bank exiting third-party mortgage origination business
Aug 22, 2019 -
Ellie Mae announces layoffs of 10% of its staff
May 20, 2019 -
Ditech shuttering Minnesota office, laying off more than 200 employees
Apr 04, 2019 -
Ocwen planning to lay off more than 2,000 mortgage employees
Mar 06, 2019 -
IBM lays off 310 mortgage servicing staff at Seterus
Jan 16, 2019 -
Mr. Cooper laying off 109 mortgage employees in California
Jan 15, 2019
