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
Guaranteed Rate conducted two rounds of layoffs this month
Aug 23, 2023Guaranteed Rate laid off hundreds of employees in August, including tech and director-level workers, according to former staffers who were affected.
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Vishal Garg unveils Better’s new strategy as a publicly traded company
Aug 23, 2023 -
RE/MAX lays off 7% of staff in reorg
Aug 21, 2023 -
The average IMB lost $534 per loan in Q2, a big improvement from Q1
Aug 17, 2023 -
Redfin looks to experiment with a new brokerage compensation model
Aug 04, 2023 -
Former Sprout employees move to protect $3.5M settlement
Jul 28, 2023 -
Rocket offers third round of voluntary buyouts to employees
Jul 20, 2023 -
US Bank imposes mortgage layoffs
Jul 18, 2023 -
Veteran sales executives part ways with Movement
Jul 12, 2023 -
Better.com posts $90M net loss in Q1 2023
Jul 06, 2023 -
LenderPulse Q3 2023 survey: Mortgage pros look to cut marketing spend
Jun 27, 2023 -
The Homepoint post-mortem: How one of America’s largest mortgage lenders went bust
May 16, 2023
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