Mortgage layoffs – why there's no need to panic | Mortgage Professional
Execs detail success in finding new jobs for the suddenly jobless
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Execs detail success in finding new jobs for the suddenly jobless
Few originators have been left unscathed by a big reduction in origination volume. We've put together a list of mortgage lenders that have instituted layoffs in 2022. Is your lender on here?
Retail lender Movement Mortgage laid off between 165 and 170 employees in March, sources told HousingWire. It's the latest lender to start paring back staff as origination volume falls.
Ohio-based lender Union Home Mortgage made changes to its leadership group, promoting three executives to vice president positions as the company seeks to boost its growth.
The online real estate marketplace company Zillow Group Inc. continues to lay off workers after the failure of its Zillow Offers home-flipping product, with 55 additional job cuts expected by April, according to a report by Mortgage Professionals America.