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.
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The headwinds facing the mortgage industry
Jul 29, 2022On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about Fed rate hikes, home price appreciation, second-quarter earnings, layoffs and more. Articles related to this episode: Fed’s interest rate hike to create less competition in the housing market US economy contracts in Q2, enters ‘technical recession’ HousingWire Daily examines the […]
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Pennymac Financial cuts another 32 jobs in California
Jul 28, 2022 -
Texana Bank to trim workforce in California
Jul 25, 2022 -
Flyhomes lays off 20% of its employees as housing demand falls
Jul 22, 2022 -
Ex-Sprout employees: no paychecks, no severance and now, no health insurance 
Jul 20, 2022 -
More mortgage layoffs, but also a bright spot
Jul 15, 2022 -
Fix-and-flip lender Kiavi lays off 7% of employees
Jul 14, 2022 -
Struggling loanDepot to cut nearly 5,000 jobs in 2022
Jul 12, 2022 -
Mortgage lender layoffs and shutdowns
Jul 08, 2022 -
In retreat, Wells Fargo cuts additional mortgage jobs
Jul 06, 2022 -
New Residential makes another round of layoffs
Jul 06, 2022 -
Wyndham Capital Mortgage conducts two layoffs in June
Jul 05, 2022
