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
Finance of America hit with layoffs; chief retail sales officer steps down
Jun 05, 2024FOA is “refining” its expenses and eliminated some corporate and retail lending roles, company president Kristen Sieffert said.
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Newrez cuts jobs after concluding Computershare acquisition
May 08, 2024 -
DocuSign lays off 400 employees following stalemate in sale talks
Feb 08, 2024 -
Country Club Mortgage to lay off employees, including CEO, and shutter offices
Jan 19, 2024 -
Pennymac issued pink slips to more than 80 staff at year end
Jan 03, 2024 -
RealFi lays off employees without paying salaries, severance: sources
Jan 02, 2024 -
How analysts see 2024 shaping up for mortgage lenders
Dec 26, 2023 -
Dovenmuehle Mortgage to lay off several hundred in Illinois
Dec 21, 2023 -
Defunct FGMC, former employees seek $1.75M settlement on WARN Act suit
Dec 05, 2023 -
loanDepot reports a $26M loss in Q3, expects lower volumes ahead
Nov 07, 2023 -
Ex-employee files class-action lawsuit against Guaranteed Rate for unpaid wages
Oct 31, 2023 -
PNC lays off staff as it focuses on cutting expenses
Oct 11, 2023
