The Orange County Business Journal is reporting that LendingTree — an online search and comparison site for loans, including mortgages — cut 20 percent of its workers nationwide. (Bad joke alert: I guess we now know what happens if there aren’t enough banks competing).
LendingTree Lays Off 20 Percent
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With a potential new rate environment coming, how will reverse mortgage lenders pivot?
RMI President John Lunde sits down to talk about the potential impacts of a rate cut on the reverse mortgage industry.