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
Ocwen lays off 120 employees as cost-cutting continues
Jun 02, 2016Ocwen Financial is in the midst of what it already said would be a tough year for the company. To counteract the expected losses, Ocwen said that it is undertaking several cost-cutting efforts throughout 2016. Included in those cost-cutting efforts is a reduction in the company’s staff, as HousingWire can report that Ocwen recently laid off 120 employees from various office locations throughout the U.S.
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EXCLUSIVE: Fannie Mae completes fresh round of layoffs
Apr 15, 2016 -
Ocwen cutting 10% of U.S. workforce
Sep 24, 2015 -
Wells Fargo lays off 182 mortgage team members
Sep 17, 2015 -
JPMorgan Chase reportedly laying off 5,000 employees
May 28, 2015 -
Bank of America cuts 116 North Texas employees
Feb 24, 2015 -
Bank of America slashes another 250 employees
Feb 16, 2015 -
Bank of America to cut hundreds of legacy servicing staff
Feb 04, 2015 -
Trulia just laid off Market LeaderÕ president and several senior execs
Jun 04, 2014 -
Financial sector cuts finally stabilize
May 01, 2014 -
Flagstar posts big loss in shrinking mortgage market
Apr 22, 2014 -
JPMorgan plans 8,000 layoffs
Feb 25, 2014
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