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
Better.com to employees: Please quit
Apr 07, 2022After axing almost 4,000 employees since December and receiving a staggering amount of bad press, mortgage originator Better.com has adopted a new approach to reduce its workforce: the company is asking staff if they want to leave voluntarily with benefits.
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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 -
Stearns Lending to lay off 348 workers
Jan 24, 2022 -
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