The latest on layoffs and buyouts at the big lenders
April 29, 2022
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On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the layoffs, buyouts and earnings of some of the big lenders. The two also discuss the first mortgage M&A deal of the year, and whether that is a harbinger of more consolidation in the mortgage space.
Articles related to this episode:
- Rocket offers voluntary buyouts to 8% of workforce
- Wells Fargo cuts mortgage jobs amid poor outlook
- Flagstar Bancorp cuts 20% of its mortgage staff
- Better.com, the rare lender to post huge losses in 2021
- CrossCountry strikes a deal to acquire LendUS
HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by the HW team and produced by Elissa Branch.
