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
Popular Bank is waving goodbye to the mortgage business
Oct 27, 2025Popular Bank is exiting the U.S. residential mortgage business to improve profitability and is closing four branches in New York.
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HUD layoffs hit 442 employees amid government shutdown
Oct 15, 2025 -
OceanFirst exits mortgage business, hands origination to Embrace
Sep 23, 2025 -
Rocktop’s Cade Thompson on targeting inefficiencies in mortgage lending
Aug 25, 2025 -
Ex-Fannie Mae employees accuse leadership of defamation in new lawsuit
Aug 14, 2025 -
Rocket revamps real estate arm, moves home search to Redfin
Aug 04, 2025 -
Rocket lays off 2% of workforce after closing Redfin acquisition
Jul 21, 2025 -
Cenlar to shutter Missouri office
Jun 24, 2025 -
nCino cuts 7% of workforce as it talks up AI opportunities
May 27, 2025 -
Appeals court restores ban on CFPB mass layoffs
Apr 29, 2025 -
Rocket-Redfin deal sparks uncertainty over Bay Equity’s future
Apr 28, 2025
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