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
FGMC shutdown leaves former employees and partners with unanswered questions
Jun 30, 2022On today’s episode, HW Media Managing Editor James Kleimann sits down with HousingWire mortgage reporter Flávia Furlan Nunes to talk about the sudden shutdown last week of the mortgage lender and investor First Guaranty Mortgage Corporation. Articles related to this episode: PIMCO-backed FGMC lays off most staffers As FGMC shuts down, lender partners question fate […]
-
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 -
As fundraising environment freezes, power buyer UpEquity cuts staff
Jun 23, 2022 -
Reverse starts to feel the rate shockwave
Jun 23, 2022 -
JPMorgan Chase to cut hundreds of mortgage jobs
Jun 22, 2022 -
Has CoStar found Zillow’s Achille’s heel in NYC?
Jun 22, 2022 -
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
Latest Videos
What mortgage professionals need to know about reverse mortgages Jun 16, 2026 8:59 am
