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
Redfin looks to experiment with a new brokerage compensation model
Aug 04, 2023Redfin was in the red yet again in the second quarter, but its losses are narrowing and it’s tweaking its unique brokerage model to court more experienced agents in pricey coastal areas.
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Former Sprout employees move to protect $3.5M settlement
Jul 28, 2023 -
Rocket offers third round of voluntary buyouts to employees
Jul 20, 2023 -
US Bank imposes mortgage layoffs
Jul 18, 2023 -
Veteran sales executives part ways with Movement
Jul 12, 2023 -
Better.com posts $90M net loss in Q1 2023
Jul 06, 2023 -
LenderPulse Q3 2023 survey: Mortgage pros look to cut marketing spend
Jun 27, 2023 -
The Homepoint post-mortem: How one of America’s largest mortgage lenders went bust
May 16, 2023 -
Fidelity reports strong Q1 thanks to layoffs
May 04, 2023 -
Homebridge to lay off employees following deal with CMG
Mar 30, 2023 -
Mortgage AI firm Candor conducts layoffs
Mar 17, 2023 -
loanDepot reports another big loss in Q4 as board fight looms
Mar 08, 2023