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 lays off 100 employees in anticipation of slower growth
May 31, 2018Movement Mortgage will lay off 100 employees across four locations. The company explained it is growing slower than expected this year as the mortgage industry faces less origination growth.
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Guaranteed Rate laying off 180 employees, plans to hire 1,500 more
Mar 09, 2018 -
Movement Mortgage after company layoffs: We are not reducing our staff
Feb 20, 2018 -
Growing pains for SoFi? Online lender lays off mortgage staffers
Feb 01, 2018 -
Wells Fargo lays off 60 staff members from mortgage unit
Dec 14, 2017 -
Capital One suddenly exits mortgage and home equity business
Nov 07, 2017 -
HSBC lays off nearly 200 employees in Florida office
Jul 07, 2017 -
PHH laying off more employees in New York
Mar 21, 2017 -
Wyndham Capital Mortgage lays off 20% of its employees
Jan 05, 2017 -
PHH announces layoffs due to HSBC mortgage servicing portfolio loss
Sep 20, 2016 -
Growing pains at Ditech? Company begins layoffs
Jul 25, 2016 -
Ocwen stock soars on layoff report
Jun 03, 2016