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
Mortgage AI firm Candor conducts layoffs HW+
Mar 17, 2023Candor Technology Inc. conducted an unspecified number of layoffs amid lenders rushing to cut costs in a shrinking market.
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loanDepot reports another big loss in Q4 as board fight looms HW+
Mar 08, 2023 -
AnnieMac in talks to acquire Family First Funding: sources HW+
Mar 08, 2023 -
Ex-processors sue Family First Funding over unpaid OT HW+
Mar 08, 2023 -
Former LO sues Celebrity over unpaid salaries in class-action lawsuit HW+
Mar 06, 2023 -
Rocket has a plan to drastically cut costs. Does it go far enough? HW+
Mar 03, 2023 -
Translate housing industry skills into your next career move HW+
Feb 24, 2023 -
Divvy Homes reportedly makes another round of layoffs HW+
Feb 17, 2023 -
On Q Financial about Celebrity: “There’s nothing left to acquire” HW+
Feb 15, 2023 -
Struggling mortgage shop Celebrity in M&A talks with On Q Financial: sources HW+
Feb 14, 2023 -
Regulator in Illinois suspends Michael Strauss, Smart Rate licenses HW+
Feb 09, 2023 -
Rithm, in ‘conservative mode,’ delivers $865M profit in 2022 HW+
Feb 08, 2023
