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
Citi trims mortgage workforce amid reorganization
Sep 06, 2022Depository bank Citi has trimmed staffing levels in its mortgage business, following surging rates and a reorganization of its operations.
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AmeriSave exits wholesale channel, cuts staff
Sep 02, 2022 -
Real estate startup Reali to shut down
Aug 26, 2022 -
FoA cuts workforce amid company restructuring, market downturn
Aug 02, 2022 -
Cost cutting is the top priority for mortgage lenders
Jul 29, 2022 -
The headwinds facing the mortgage industry
Jul 29, 2022 -
Pennymac Financial cuts another 32 jobs in California
Jul 28, 2022 -
Texana Bank to trim workforce in California
Jul 25, 2022 -
Flyhomes lays off 20% of its employees as housing demand falls
Jul 22, 2022 -
Ex-Sprout employees: no paychecks, no severance and now, no health insurance 
Jul 20, 2022 -
More mortgage layoffs, but also a bright spot
Jul 15, 2022 -
Fix-and-flip lender Kiavi lays off 7% of employees
Jul 14, 2022
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