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
Morgan Stanley lays off 680 Saxon workers in May
Apr 02, 2012A total of 680 employees at Saxon Mortgage Services will be laid off beginning in May, according to a filing with the Texas Workforce Commission last…
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Mass layoffs decline, 345 metros report falling jobless rates
Mar 23, 2012 -
Weekly jobless claims fall 5,000 to 4-year low
Mar 22, 2012 -
Jobless claims up 8,000 last week
Mar 08, 2012 -
Construction job cuts account for one-third of 4Q mass layoffs
Feb 10, 2012 -
Employment Picture Remains Cloudy
Jul 06, 2011 -
Former Employees Sue TBW Over Wrongful Termination
Aug 13, 2009 -
Belo Invests $2m in Real Estate Firm
Jul 06, 2009 -
Jobless Claims a Kill-Joy for Housing Progress
May 21, 2009 -
Newly Unemployed Rates Fall, Sort of
Apr 30, 2009 -
Merrill Rumored to be Planning Layoffs, Facing Huge Writedown
Mar 25, 2008 -
Option One to Slash 575 Additional Jobs
Sep 11, 2007