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
Option One to Slash 575 Additional Jobs
Sep 11, 2007Per an SEC filing tonight, H&R Block, Inc. said it is expanding its restructuring efforts for its troubled subprime mortgage sub Option One Mortage Company and will eliminate an additional 575 jobs beyond originally-reported numbers. From the filing:
-
Countrywide Cuts 900 Additional Jobs Amid Growing Layoff Speculation
Sep 06, 2007 -
Countrywide Considering Layoffs of 10,000
Sep 04, 2007 -
First American to Cut 1,300 Jobs Amid Housing Downturn
Sep 04, 2007 -
LandAmerica to Lay Off 13 Percent of Workforce in Second Half of 2007
Aug 29, 2007 -
Newsday: American Home Cuts More Jobs
Jul 27, 2007
