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
Anxiety grips LOs as layoffs sweep the industry
Dec 21, 2021Numerous shops, including Better.com, Interfirst Mortgage, and Freedom Mortgage have announced layoffs in the past few weeks, and some LOs worry their jobs may also be on the chopping block.
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Interfirst, the phoenix of mortgage, lays off hundreds
Dec 16, 2021 -
Freedom Mortgage cuts jobs in Fort Mill, SC office
Dec 14, 2021 -
Better.com’s CEO apologizes, but the fallout continues
Dec 08, 2021 -
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
