Chicago-based mortgage company Guaranteed Rate has been quietly laying off employees across the country for more than a year, according to former and current Guaranteed Rate employees.
Inside Mortgage Finance finds business is down nearly 60% for Guaranteed Rate in the first three months of this year compared with 2022, with other mortgage companies seeing similar declines.
Chicago-based mortgage company Guaranteed Rate has been quietly laying off employees across the country for more than a year, according to former and current Guaranteed Rate employees. The Tribune spoke with more than a dozen current and former employees, and many told the Tribune that layoffs have happened several times in recent weeks, with entire teams wiped out. More layoffs are .
Chicago-based mortgage company Guaranteed Rate has been quietly laying off employees across the country for more than a year, according to former and current Guaranteed Rate employees. The Tribune spoke with more than a dozen current and former employees, and many told the Tribune that layoffs have happened several times in recent weeks, with entire teams wiped out. More layoffs are .
Inside Mortgage Finance finds business is down nearly 60% for Guaranteed Rate in the first three months of this year compared with 2022, with other mortgage companies seeing similar declines.