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
Mr. Cooper shuttering Oregon office, laying off 301 employees
Jan 29, 2020Mr. Cooper (the company formerly known as Nationstar) is shutting down a Beaverton, Oregon office location that was part of the Seterus acquisition and eliminating all 301 positions at that location.
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Santander Bank exiting third-party mortgage origination business
Aug 22, 2019 -
Ellie Mae announces layoffs of 10% of its staff
May 20, 2019 -
Ditech shuttering Minnesota office, laying off more than 200 employees
Apr 04, 2019 -
Ocwen planning to lay off more than 2,000 mortgage employees
Mar 06, 2019 -
IBM lays off 310 mortgage servicing staff at Seterus
Jan 16, 2019 -
Mr. Cooper laying off 109 mortgage employees in California
Jan 15, 2019 -
Gateway Mortgage shuttering California branches, laying off dozens
Dec 04, 2018 -
How to improve lending team productivity
Dec 03, 2018 -
Brokers prepare to shake up mortgage lending
Nov 27, 2018 -
loanDepot hires 60 loan officers while reportedly laying off “hundreds”
Nov 16, 2018
