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
Ex-Sprout employees: no paychecks, no severance and now, no health insurance 
Jul 20, 2022A week after shutting down, Sprout cut off health insurance retroactive to May 1, despite collecting insurance premiums from employees’ paychecks, according to multiple former employees and documents reviewed by HousingWire.
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More mortgage layoffs, but also a bright spot
Jul 15, 2022 -
Fix-and-flip lender Kiavi lays off 7% of employees
Jul 14, 2022 -
Struggling loanDepot to cut nearly 5,000 jobs in 2022
Jul 12, 2022 -
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
