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
Jobless claims up 8,000 last week
Mar 08, 2012The number of initial jobless claims rose last week, but stayed below 400,000 once again. Claims continue to hover near the lowest level in four years.The…
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Construction job cuts account for one-third of 4Q mass layoffs
Feb 10, 2012 -
Employment Picture Remains Cloudy
Jul 06, 2011 -
Former Employees Sue TBW Over Wrongful Termination
Aug 13, 2009 -
Belo Invests $2m in Real Estate Firm
Jul 06, 2009 -
Jobless Claims a Kill-Joy for Housing Progress
May 21, 2009 -
Newly Unemployed Rates Fall, Sort of
Apr 30, 2009 -
Merrill Rumored to be Planning Layoffs, Facing Huge Writedown
Mar 25, 2008 -
Option One to Slash 575 Additional Jobs
Sep 11, 2007 -
Countrywide Cuts 900 Additional Jobs Amid Growing Layoff Speculation
Sep 06, 2007 -
Countrywide Considering Layoffs of 10,000
Sep 04, 2007 -
First American to Cut 1,300 Jobs Amid Housing Downturn
Sep 04, 2007