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Umpqua cuts 100 jobs in mortgage group amid residential market upheaval

Umpqua cuts 100 jobs in mortgage group amid residential market upheaval

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Umpqua cuts 100 jobs in mortgage group amid residential market upheaval
Umpqua cuts 100 jobs in mortgage group amid residential market upheaval
Umpqua cuts 100 jobs in mortgage group amid residential market upheaval
Umpqua cuts 100 jobs in mortgage group amid residential market upheaval
bizjournals bizjournals | 1 year ago
Mortgage rates have soared from pandemic lows, slowing real estate activity.
Mortgage rates have soared from pandemic lows, slowing real estate activity.
Umpqua Holdings Corp. cuts 100 jobs in mortgage group amid residential market upheaval
Umpqua Holdings Corp. cuts 100 jobs in mortgage group amid residential market upheaval
Umpqua Holdings Corp. cuts 100 jobs in mortgage group amid residential market upheaval
Umpqua Holdings Corp. cuts 100 jobs in mortgage group amid residential market upheaval
bizjournals bizjournals | 1 year ago
Mortgage rates have soared from pandemic lows, slowing real estate activity.
Mortgage rates have soared from pandemic lows, slowing real estate activity.
Wells Fargo cuts mortgage jobs amid poor outlook
Wells Fargo cuts mortgage jobs amid poor outlook
Wells Fargo cuts mortgage jobs amid poor outlook
Wells Fargo cuts mortgage jobs amid poor outlook
housingwire housingwire | 1 year ago
Wells Fargo is cutting jobs in its home lending business, just days after reporting weak mortgage earnings in the first quarter of 2022. The post Wells Fargo cuts mortgage jobs amid poor outlook appeared first on HousingWire.
Wells Fargo is cutting jobs in its home lending business, just days after reporting weak mortgage earnings in the first quarter of 2022. The post Wells Fargo cuts mortgage jobs amid poor outlook appeared first on HousingWire.
In retreat, Wells Fargo cuts additional mortgage jobs
In retreat, Wells Fargo cuts additional mortgage jobs
In retreat, Wells Fargo cuts additional mortgage jobs
In retreat, Wells Fargo cuts additional mortgage jobs
housingwire housingwire | 1 year ago
Wells Fargo, which is likely to reduce its footprint in mortgage, revealed this week that it will shed another 125 jobs at its home lending division by the end of August. The post In retreat, Wells Fargo cuts additional mortgage jobs appeared first on HousingWire.
Wells Fargo, which is likely to reduce its footprint in mortgage, revealed this week that it will shed another 125 jobs at its home lending division by the end of August. The post In retreat, Wells Fargo cuts additional mortgage jobs appeared first on HousingWire.
Compass and Redfin make cuts amid volatile market
Compass and Redfin make cuts amid volatile market
Compass and Redfin make cuts amid volatile market
Compass and Redfin make cuts amid volatile market
housingwire housingwire | 1 year ago
Compass and Redfin each instituted layoffs Tuesday as economic conditions worsened. The next few days will be telling. The post Compass and Redfin make cuts amid volatile market appeared first on HousingWire.
Compass and Redfin each instituted layoffs Tuesday as economic conditions worsened. The next few days will be telling. The post Compass and Redfin make cuts amid volatile market appeared first on HousingWire.
FoA cuts workforce amid company restructuring, market downturn
FoA cuts workforce amid company restructuring, market downturn
FoA cuts workforce amid company restructuring, market downturn
FoA cuts workforce amid company restructuring, market downturn
housingwire housingwire | 1 year ago
FoA reduced its workforce across centralized operations and branches, cutting processors, underwriters, appraisers and the support team, with its most recent layoff on July 15.  The post FoA cuts workforce amid company restructuring, market downturn appeared first on HousingWire.
FoA reduced its workforce across centralized operations and branches, cutting processors, underwriters, appraisers and the support team, with its most recent layoff on July 15.  The post FoA cuts workforce amid company restructuring, market downturn appeared first on HousingWire.
Mortgage rates fall amid market uncertainty
Mortgage rates fall amid market uncertainty
Mortgage rates fall amid market uncertainty
Mortgage rates fall amid market uncertainty
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Current volatility has contributed to slowdowns across the industry, with further reduced originations now predicted for the year.
Current volatility has contributed to slowdowns across the industry, with further reduced originations now predicted for the year.
Pennymac Financial cuts another 32 jobs in California
Pennymac Financial cuts another 32 jobs in California
Pennymac Financial cuts another 32 jobs in California
Pennymac Financial cuts another 32 jobs in California
housingwire housingwire | 1 year ago
Pennymac Financial laid off another 32 employees, all based in California, ahead of its Aug. 2 earnings call. The post Pennymac Financial cuts another 32 jobs in California appeared first on HousingWire.
Pennymac Financial laid off another 32 employees, all based in California, ahead of its Aug. 2 earnings call. The post Pennymac Financial cuts another 32 jobs in California appeared first on HousingWire.
Avonside Energy acquired saving 100 jobs
Avonside Energy acquired saving 100 jobs
Avonside Energy acquired saving 100 jobs
Avonside Energy acquired saving 100 jobs
Construction news, jobs and co... Construction news, j... | 1 year ago
Avonside Energy is a standalone division of roofing specialist Avonside Group which went into administration last week. The acquisition has been a solvent deal and Avonside Energy is not part of the wider group insolvency. Headquartered in Leicester, Avonside Energy has a strong national presence with operations in the West Midlands, East Midlands, Glasgow, Leeds, Newcastle, Warrington and Stevenage. The business will generate revenue of over £15m this year and is profitable and cash generati...
Avonside Energy is a standalone division of roofing specialist Avonside Group which went into administration last week. The acquisition has been a solvent deal and Avonside Energy is not part of the wider group insolvency. Headquartered in Leicester, Avonside Energy has a strong national presence with operations in the West Midlands, East Midlands, Glasgow, Leeds, Newcastle, Warrington and Stevenage. The business will generate revenue of over £15m this year and is profitable and cash generati...
Fannie Mae income drops amid mortgage market troubles
Fannie Mae income drops amid mortgage market troubles
Fannie Mae income drops amid mortgage market troubles
Fannie Mae income drops amid mortgage market troubles
housingwire housingwire | 1 year ago
It's hard for Fannie Mae to not make money as the country's primary backstop of conventional loans. But net income was down amid turmoil in the mortgage market. The post Fannie Mae income drops amid mortgage market troubles appeared first on HousingWire.
It's hard for Fannie Mae to not make money as the country's primary backstop of conventional loans. But net income was down amid turmoil in the mortgage market. The post Fannie Mae income drops amid mortgage market troubles appeared first on HousingWire.