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
Veteran sales executives part ways with Movement
Jul 12, 2023Three veteran sales executives at Movement Mortgage have parted ways with the South Carolina-based lender to join the competitor Summit Funding, sources told HousingWire.
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Better.com posts $90M net loss in Q1 2023
Jul 06, 2023 -
LenderPulse Q3 2023 survey: Mortgage pros look to cut marketing spend
Jun 27, 2023 -
The Homepoint post-mortem: How one of America’s largest mortgage lenders went bust
May 16, 2023 -
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