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
Former Sprout employees move to protect $3.5M settlement
Jul 28, 2023Ex-workers took action in a NY court this week to ensure that a $3.5M settlement with defunct Sprout Mortgage for unpaid wages goes through.
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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 -
AnnieMac in talks to acquire Family First Funding: sources
Mar 08, 2023