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
Ditech Financial to close South Dakota call center
Aug 16, 2018Mortgage lender Ditech Financial announced it is closing its Rapid City, South Dakota-based call center at the end of next year, leaving more than 450 employees facing layoffs.
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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 -
Movement Mortgage lays off 100 employees in anticipation of slower growth
May 31, 2018 -
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
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