Pennymac Financial cuts another 32 jobs in California
Pennymac Financial laid off another 32 employees, all based in California, ahead of its Aug. 2 earnings call.
Source: housingwire.com
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These mortgage lenders have cut jobs in 2022
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?
Source: housingwire.com
Pennymac plans to lay off another 207 employees
Pennymac Financial Services will lay off 207 additional employees in June and July following a previous layoff announcement in March.
Source: housingwire.com
PennyMac Cutting 207 Jobs
California-based PennyMac Financial Services Inc., a mortgage originator and servicer, will cut 207 jobs in the Golden State. According to Worker Adjustment and Retraining Notification (WARN) notices submitted to California’s Employment Development Department, 59 loan officers will be cut. The notices, mostly written on April 28th and reviewed by National Mortgage Professional, show that the loan officers losing their jobs work in the Westlake Village, Roseville, and Pasadena offices.
Source: nationalmortgageprofessional.com