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
Ally Financial closes mortgage origination business
Jan 08, 2025Ally Financial announced Wednesday that it would exit the mortgage origination business as part of a broader strategy to pursue higher returns on investments.
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TRG conducts layoffs focused on Doma employees, sources say
Dec 16, 2024 -
Flagstar Bank lays off 700 with more to depart after asset sale to Mr. Cooper
Oct 18, 2024 -
Redfin’s latest layoff round hits brokerage services biz
Aug 22, 2024 -
Radian to lay off employees in Pennsylvania
Jul 16, 2024 -
MoxiWorks lays off employees a month after naming new CEO
Jul 15, 2024 -
Newrez imposes another round of layoffs
Jul 08, 2024 -
Newrez to lay off 317 employees in Colorado
Jun 07, 2024 -
Finance of America hit with layoffs; chief retail sales officer steps down
Jun 05, 2024 -
Newrez cuts jobs after concluding Computershare acquisition
May 08, 2024 -
DocuSign lays off 400 employees following stalemate in sale talks
Feb 08, 2024 -
Country Club Mortgage to lay off employees, including CEO, and shutter offices
Jan 19, 2024
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