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
Jobless claims fell to 1.2 million last week
Aug 06, 2020Initial jobless claims fell to 1.2 million last week, declining to a pandemic low that was almost twice as high as the worst measure during the financial crisis.
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Foreclosure threat grows as COVID-19 surges, Fed says
Jul 06, 2020 -
Number of unemployed Americans falls below 20 million
Jun 25, 2020 -
Airbnb cuts about 25% of its global workforce
May 05, 2020 -
Opendoor’s Erica Galos Alioto on leading through layoffs
Apr 23, 2020 -
Here’s what unemployed Realtors should do next
Apr 13, 2020 -
UWM CEO Mat Ishbia promises no layoffs during coronavirus slowdown
Apr 09, 2020 -
Compass lays off 15% of its staff as coronavirus hits real estate hard
Mar 24, 2020 -
Goldman Sachs claims a staggering 2.25 million people just lost their jobs
Mar 20, 2020 -
Freedom Mortgage laying off 171 mortgage servicing employees
Mar 02, 2020 -
Mr. Cooper shuttering Oregon office, laying off 301 employees
Jan 29, 2020
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