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
Wells Fargo eliminating 900 mortgage jobs
Nov 15, 2018A few months ago, Wells Fargo revealed that it is planning to cut as many as 26,500 of its employees over the next few years as the bank works to reorganize itself amid the shifting landscape surrounding the financial services industry. And now, the first of those cuts are hitting home, right in the mortgage division.
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WATCH: Movement Mortgage CEO explains recent staff layoffs
Oct 05, 2018 -
Movement Mortgage to lay off 180 employees
Oct 04, 2018 -
USAA Bank plans to layoff 265 employees in November
Sep 21, 2018 -
Wells Fargo expects to cut as many as 26,500 jobs in the next 3 years
Sep 20, 2018 -
HOT or NOT September: What’s trending in housing right now
Sep 04, 2018 -
Wells Fargo to lay off 638 mortgage lending employees
Aug 24, 2018 -
Ditech Financial to close South Dakota call center
Aug 16, 2018 -
Trump administration to cut 40 government finance employees
Aug 08, 2018 -
Capital One to lay off another 286 employees
Aug 01, 2018 -
Texas-based mortgage call center unexpectedly closes doors
Jul 27, 2018 -
Mortgage lender HomeStreet shuts offices, lays off more than 100 full-timers
Jul 26, 2018
