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.
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LandAmerica to Lay Off 13 Percent of Workforce in Second Half of 2007
Aug 29, 2007Buried in a press release yesterday in which LandAmerica said it will repurchase 9 percent of its outstanding stock — you’ve got to give credit for a creative approach here — was an announcement that the company intends to lay off 1,100 employees, or 13 percent of its workforce, in the second half of 2007.
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Newsday: American Home Cuts More Jobs
Jul 27, 2007
