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
Has CoStar found Zillow’s Achille’s heel in NYC?
Jun 22, 2022On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Matthew Blake about layoffs at big real estate brokerages and how companies are taking a hard look at office leases, tech expenses and more. The two also discuss whether CoStar has found Zillow’s Achilles heel in New York City and the implications […]
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Compass and Redfin make cuts amid volatile market
Jun 14, 2022 -
Wyndham Capital Mortgage plans new round of layoffs
Jun 10, 2022 -
Fallout from the Figure and Homebridge merger cancellation
Jun 08, 2022 -
These mortgage lenders have cut jobs in 2022
Jun 06, 2022 -
Mr. Cooper cuts more jobs as origination outlook dims
Jun 03, 2022 -
Keller Mortgage eliminates some operations positions
May 25, 2022 -
Pennymac plans to lay off another 207 employees
May 23, 2022 -
Layoffs, again: Fairway is the latest lender to trim workforce
May 19, 2022 -
Finance of America reports a $64M loss in Q1
May 09, 2022 -
Guaranteed Rate’s Owning continues layoffs
May 09, 2022 -
Interfirst to lay off 140 employees
May 02, 2022
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