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
Clear Capital cuts 24% of its workforce in restructuring
Jan 25, 2023Clear Capital said the goal of restructuring is to help weather the current industry headwinds and prepare for the longer term.
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Lenders react to LLPA fee changes
Jan 25, 2023 -
Rocket and loanDepot face lawsuits from workers
Jan 11, 2023 -
Blend cuts workforce, shakes up leadership
Jan 10, 2023 -
North American Savings Bank to shut down consumer direct division 
Jan 09, 2023 -
Housing industry jobs disappearing amid fears of a prolonged recession
Dec 09, 2022 -
Impac faced $13M loss in Q3, slashed 47% of jobs year over year
Nov 11, 2022 -
These mortgage lenders are making major job cuts as production plummets
Nov 10, 2022 -
Non-QM lender Athas Capital Group ‘bows out like gentlemen’
Nov 07, 2022 -
Nutter Home Loans folds amid reverse mortgage lawsuit filed by DOJ
Oct 31, 2022 -
Clear Capital will lay off 27% of its workforce
Oct 18, 2022 -
Angel Oak Home Loans cuts 15% of its workforce
Oct 10, 2022
