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
Ocwen stock soars on layoff report
Jun 03, 2016As first reported by HousingWire on Thursday, Ocwen decided to layoff 120 of its employees in order to move its reconstruction efforts forward. Today, Ocwen’s stock increased substantially. Here are the details.
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Ocwen lays off 120 employees as cost-cutting continues
Jun 02, 2016 -
EXCLUSIVE: Fannie Mae completes fresh round of layoffs
Apr 15, 2016 -
Ocwen cutting 10% of U.S. workforce
Sep 24, 2015 -
Wells Fargo lays off 182 mortgage team members
Sep 17, 2015 -
JPMorgan Chase reportedly laying off 5,000 employees
May 28, 2015 -
Bank of America cuts 116 North Texas employees
Feb 24, 2015 -
Bank of America slashes another 250 employees
Feb 16, 2015 -
Bank of America to cut hundreds of legacy servicing staff
Feb 04, 2015 -
Trulia just laid off Market LeaderÕ president and several senior execs
Jun 04, 2014 -
Financial sector cuts finally stabilize
May 01, 2014 -
Flagstar posts big loss in shrinking mortgage market
Apr 22, 2014
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