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
The Homepoint post-mortem: How one of America’s largest mortgage lenders went bust
May 16, 2023Homepoint struggled from relatively-weak capital position, a high cost structure, and chronic problems with underwriting and technology, former workers said.
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Fidelity reports strong Q1 thanks to layoffs
May 04, 2023 -
Homebridge to lay off employees following deal with CMG
Mar 30, 2023 -
Mortgage AI firm Candor conducts layoffs
Mar 17, 2023 -
loanDepot reports another big loss in Q4 as board fight looms
Mar 08, 2023 -
AnnieMac in talks to acquire Family First Funding: sources
Mar 08, 2023 -
Ex-processors sue Family First Funding over unpaid OT
Mar 08, 2023 -
Former LO sues Celebrity over unpaid salaries in class-action lawsuit
Mar 06, 2023 -
Rocket has a plan to drastically cut costs. Does it go far enough?
Mar 03, 2023 -
Translate housing industry skills into your next career move
Feb 24, 2023 -
Divvy Homes reportedly makes another round of layoffs
Feb 17, 2023 -
On Q Financial about Celebrity: “There’s nothing left to acquire”
Feb 15, 2023
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