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
Struggling loanDepot to cut nearly 5,000 jobs in 2022
Jul 12, 2022loanDepot, which has been taking the drop in originations on the chin, said it will shed nearly 5,000 jobs in 2022 to return to profitability.
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Mortgage lender layoffs and shutdowns
Jul 08, 2022 -
In retreat, Wells Fargo cuts additional mortgage jobs
Jul 06, 2022 -
New Residential makes another round of layoffs
Jul 06, 2022 -
Wyndham Capital Mortgage conducts two layoffs in June
Jul 05, 2022 -
Are the (fintech) kids alright?
Jul 01, 2022 -
FGMC shutdown leaves former employees and partners with unanswered questions
Jun 30, 2022 -
As FGMC shuts down, lender partners question fate of loans in pipeline
Jun 28, 2022 -
How big lenders are adapting to rising mortgage rates
Jun 24, 2022 -
As fundraising environment freezes, power buyer UpEquity cuts staff
Jun 23, 2022 -
Reverse starts to feel the rate shockwave
Jun 23, 2022 -
JPMorgan Chase to cut hundreds of mortgage jobs
Jun 22, 2022
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