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
Divvy Homes conducts third round of layoffs
Sep 12, 2023Nearly 100 Divvy employees received pink slips in 20 states, as rising interest rates have created a challenging environment for the startup.
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Guaranteed Rate conducted two rounds of layoffs this month
Aug 23, 2023 -
Vishal Garg unveils Better’s new strategy as a publicly traded company
Aug 23, 2023 -
RE/MAX lays off 7% of staff in reorg
Aug 21, 2023 -
The average IMB lost $534 per loan in Q2, a big improvement from Q1
Aug 17, 2023 -
Redfin looks to experiment with a new brokerage compensation model
Aug 04, 2023 -
Former Sprout employees move to protect $3.5M settlement
Jul 28, 2023 -
Rocket offers third round of voluntary buyouts to employees
Jul 20, 2023 -
US Bank imposes mortgage layoffs
Jul 18, 2023 -
Veteran sales executives part ways with Movement
Jul 12, 2023 -
Better.com posts $90M net loss in Q1 2023
Jul 06, 2023 -
LenderPulse Q3 2023 survey: Mortgage pros look to cut marketing spend
Jun 27, 2023