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
Flagstar Bancorp cuts 20% of its mortgage staff
Apr 27, 2022Flagstar Bank has reduced its mortgage staff by 20% since the calendar turned to 2022, laying off 420 employees amid a significant drop in origination volumes and margins.
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Rocket offers voluntary buyouts to 8% of workforce
Apr 26, 2022 -
Wells Fargo cuts mortgage jobs amid poor outlook
Apr 22, 2022 -
How Blend plans to survive a shrinking mortgage market
Apr 22, 2022 -
Better.com institutes third major layoff
Apr 19, 2022 -
Better.com to employees: Please quit
Apr 07, 2022 -
Movement Mortgage lays off 170 employees
Apr 04, 2022 -
Knock raises $220M, lays off 46% of workforce
Mar 15, 2022 -
Layoffs, again: Better.com to ax 3,000 employees
Mar 08, 2022 -
Interactive Mortgage to lay off 51 amid heavy losses
Feb 25, 2022 -
NewRez lays off 386 following Caliber acquisition
Feb 08, 2022 -
Santander to begin laying off mortgage employees
Feb 07, 2022
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