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
Compass and Redfin make cuts amid volatile market
Jun 14, 2022Compass and Redfin each instituted layoffs Tuesday as economic conditions worsened. The next few days will be telling.
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Wyndham Capital Mortgage plans new round of layoffs
Jun 10, 2022 -
These mortgage lenders have cut jobs in 2022
Jun 06, 2022 -
Mr. Cooper cuts more jobs as origination outlook dims
Jun 03, 2022 -
Keller Mortgage eliminates some operations positions
May 25, 2022 -
Pennymac plans to lay off another 207 employees
May 23, 2022 -
Layoffs, again: Fairway is the latest lender to trim workforce
May 19, 2022 -
Finance of America reports a $64M loss in Q1
May 09, 2022 -
Guaranteed Rate’s Owning continues layoffs
May 09, 2022 -
Interfirst to lay off 140 employees
May 02, 2022 -
Mr. Cooper lays off workers as originations nosedive
Apr 29, 2022 -
Union Home Mortgage the latest to trim workforce
Apr 28, 2022
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