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
Stearns Lending to lay off 348 workers
Jan 24, 2022Stearns Lending will lay off 348 workers following the decision by Guaranteed Rate to discontinue its third-party wholesale channel.
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Consumer direct mortgage lender lays off 35 LOs
Jan 07, 2022 -
Opinion: Mortgage industry will shed 100K jobs this year
Jan 05, 2022 -
Anxiety grips LOs as layoffs sweep the industry
Dec 21, 2021 -
Interfirst, the phoenix of mortgage, lays off hundreds
Dec 16, 2021 -
Freedom Mortgage cuts jobs in Fort Mill, SC office
Dec 14, 2021 -
Better.com’s CEO apologizes, but the fallout continues
Dec 08, 2021 -
Better.com lays off LOs, secures $750M cash injection
Dec 01, 2021 -
Interfirst Mortgage to lay off nearly 50 LOs
Nov 23, 2021 -
REX undergoes second round of layoffs
Oct 11, 2021 -
CU Direct’s Origence hit with layoffs
Sep 01, 2021 -
Unemployment recovery slows with pandemic uncertainty
Feb 05, 2021