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
Mr. Cooper lays off workers as originations nosedive
Apr 29, 2022Add Mr. Cooper to the list of lenders and servicers reducing staff: pink slips arrived for 250 employees in the first quarter, as the company faced declines in the earnings from loan originations. And it’s going to get very rough in Q2.
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The latest on layoffs and buyouts at the big lenders
Apr 29, 2022 -
Union Home Mortgage the latest to trim workforce
Apr 28, 2022 -
Flagstar Bancorp cuts 20% of its mortgage staff
Apr 27, 2022 -
Rocket offers voluntary buyouts to 8% of workforce
Apr 26, 2022 -
Wells Fargo cuts mortgage jobs amid poor outlook
Apr 22, 2022 -
How Blend plans to survive a shrinking mortgage market
Apr 22, 2022 -
Better.com institutes third major layoff
Apr 19, 2022 -
Which mortgage lenders are likely to thrive this year?
Apr 15, 2022 -
Rocket, Movement and Angel Oak adjusting to this market
Apr 08, 2022 -
Better.com to employees: Please quit
Apr 07, 2022 -
Movement Mortgage lays off 170 employees
Apr 04, 2022
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