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
First Savings Bank to cut 100-plus mortgage jobs across multiple states
Oct 04, 2023Indiana-based First Savings Bank plans to lay off over 100 mortgage employees in the coming months, per documents filed with authorities in multiple states.
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Better conducts layoffs just weeks after going public
Sep 25, 2023 -
After hitting a 10-year low, mortgage credit availability improves slightly in August
Sep 12, 2023 -
Divvy Homes conducts third round of layoffs
Sep 12, 2023 -
Guaranteed Rate conducted two rounds of layoffs this month
Aug 23, 2023 -
Vishal Garg unveils Better’s new strategy as a publicly traded company
Aug 23, 2023 -
RE/MAX lays off 7% of staff in reorg
Aug 21, 2023 -
The average IMB lost $534 per loan in Q2, a big improvement from Q1
Aug 17, 2023 -
Redfin looks to experiment with a new brokerage compensation model
Aug 04, 2023 -
Former Sprout employees move to protect $3.5M settlement
Jul 28, 2023 -
Rocket offers third round of voluntary buyouts to employees
Jul 20, 2023 -
US Bank imposes mortgage layoffs
Jul 18, 2023
