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.
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Growing pains at Ditech? Company begins layoffs
Jul 25, 2016Ditech Financial relaunched in 2014 with big plans and big goals. Earlier this month, the company said that it is planning to launch a wholesale lending channel, calling the expansion a “natural progression.” As it turns out, some of Ditech’s employees will no longer be taking part in the company’s “natural progression,” as sources tell HousingWire that the company is set to lay off a number of employees.
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Ocwen stock soars on layoff report
Jun 03, 2016 -
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
