The latest on layoffs and buyouts at the big lenders

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the layoffs, buyouts and earnings of some of the big lenders. The two also discuss the first mortgage M&A deal of the year, and whether that is a harbinger of more consolidation in the mortgage space.  

Articles related to this episode:

• Rocket offers voluntary buyouts to 8% of workforce
• Wells Fargo cuts mortgage jobs amid poor outlook
• Flagstar Bancorp cuts 20% of its mortgage staff
• Better.com, the rare lender to post huge losses in 2021
• CrossCountry strikes a deal to acquire LendUS

HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by the HW team and produced by Elissa Branch.