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 reportedly makes another round of layoffs
Feb 17, 2023Rent-to-own startup Divvy Homes has reportedly conducted a new round of layoffs on Wednesday, which included cuts to a number of high-level positions.
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On Q Financial about Celebrity: “There’s nothing left to acquire”
Feb 15, 2023 -
Struggling mortgage shop Celebrity in M&A talks with On Q Financial: sources
Feb 14, 2023 -
Regulator in Illinois suspends Michael Strauss, Smart Rate licenses
Feb 09, 2023 -
Rithm, in ‘conservative mode,’ delivers $865M profit in 2022
Feb 08, 2023 -
A look at the top cost-cutting measures being taken by brokerages
Feb 07, 2023 -
After mortgage lenders shut down, what’s next for loan originators?
Jan 31, 2023 -
NYCB confirms cuts to retail mortgage channel after acquiring Flagstar
Jan 31, 2023 -
Flagstar Bank makes big cuts to retail mortgage operation
Jan 26, 2023 -
Clear Capital cuts 24% of its workforce in restructuring
Jan 25, 2023 -
Lenders react to LLPA fee changes
Jan 25, 2023 -
Rocket and loanDepot face lawsuits from workers
Jan 11, 2023
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