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
JPMorgan plans 8,000 layoffs
Feb 25, 2014JPMorgan Chase plans to reduce its mortgage banking headcount by 6,000 in 2014. However, this is still less than the huge layoffs witnessed in 2013.
-
Flagstar Bancorp announces mass layoff
Jan 16, 2014 -
3 key takeaways from JPMorgan earnings call
Jan 15, 2014 -
Financial sector continues bleeding jobs
Jan 09, 2014 -
California mortgage jobs market takes a hit
Nov 19, 2013 -
How deep are the layoffs in mortgage firms?
Nov 04, 2013 -
Mass mortgage layoffs hit Wells Fargo units in North Texas
Oct 21, 2013 -
SunTrust eliminates 800 jobs nationwide
Oct 18, 2013 -
Workers staying in place is a bad sign for housing
Oct 07, 2013 -
Housing recovery is a distant delusion
Sep 11, 2013 -
Layoffs projected to dwindle as economy improves
Sep 11, 2013 -
Bank of America slashes 2,100 jobs
Sep 09, 2013
Latest Videos
Logan Mohtashami: How high can inventory go in 2024? Apr 01, 2024
Logan Mohtashami: The man behind the charts Mar 29, 2024
