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
Are the (fintech) kids alright?
Jul 01, 2022On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the continued fallout at FGMC, and the effect of lower origination volume on fintech companies. Some are doing layoffs, while others are forming strategic partnerships, merging or finding new funding sources. Articles related to this episode: After implosion, FGMC files for bankruptcy […]
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FGMC shutdown leaves former employees and partners with unanswered questions
Jun 30, 2022 -
As FGMC shuts down, lender partners question fate of loans in pipeline
Jun 28, 2022 -
How big lenders are adapting to rising mortgage rates
Jun 24, 2022 -
As fundraising environment freezes, power buyer UpEquity cuts staff
Jun 23, 2022 -
Reverse starts to feel the rate shockwave
Jun 23, 2022 -
JPMorgan Chase to cut hundreds of mortgage jobs
Jun 22, 2022 -
Has CoStar found Zillow’s Achille’s heel in NYC?
Jun 22, 2022 -
Compass and Redfin make cuts amid volatile market
Jun 14, 2022 -
Wyndham Capital Mortgage plans new round of layoffs
Jun 10, 2022 -
Fallout from the Figure and Homebridge merger cancellation
Jun 08, 2022 -
These mortgage lenders have cut jobs in 2022
Jun 06, 2022
