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
Climbing housing market slowed by tepid jobs recovery
Jul 03, 2013Increased home sales and rising home prices set the construction sector up for potential growth, but the overall job market remains lackluster. Job cuts in the financial…
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ADP job numbers better than expected, jobless claims fall
Jul 05, 2012 -
US adds 133,000 jobs, but is it enough?
May 31, 2012 -
Aurora Bank to lay off 450 Indianapolis employees
Apr 25, 2012 -
Jobless claims rise, dampening signs of economic optimism
Apr 12, 2012 -
Jobless claims fall by 6,000 filings, planned job cuts drop by 27%
Apr 05, 2012 -
Morgan Stanley lays off 680 Saxon workers in May
Apr 02, 2012 -
Mass layoffs decline, 345 metros report falling jobless rates
Mar 23, 2012 -
Weekly jobless claims fall 5,000 to 4-year low
Mar 22, 2012 -
Jobless claims up 8,000 last week
Mar 08, 2012 -
Construction job cuts account for one-third of 4Q mass layoffs
Feb 10, 2012 -
Employment Picture Remains Cloudy
Jul 06, 2011