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Clear Capital cuts 24% of its workforce in restructuring

Clear Capital cuts 24% of its workforce in restructuring

Clear Capital cuts 24% of its workforce in restructuring
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Clear Capital will lay off 27% of its workforce
Clear Capital will lay off 27% of its workforce
Clear Capital will lay off 27% of its workforce
Clear Capital will lay off 27% of its workforce
housingwire housingwire | 1 year ago
Clear Capital CEO Duane Andrews said the company is restructuring all divisions to reduce expenses and support the future strategy. The post Clear Capital will lay off 27% of its workforce appeared first on HousingWire.
Clear Capital CEO Duane Andrews said the company is restructuring all divisions to reduce expenses and support the future strategy. The post Clear Capital will lay off 27% of its workforce 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.ย  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.ย  The post FoA cuts workforce amid company restructuring, market downturn appeared first on HousingWire.
Mortgage fintech Tomo cuts nearly a third of its workforce
Mortgage fintech Tomo cuts nearly a third of its workforce
Mortgage fintech Tomo cuts nearly a third of its workforce
Mortgage fintech Tomo cuts nearly a third of its workforce
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Lending fintech Tomo Networks cut nearly a third of its workforce Tuesday and will dial back its expansion plans, the company confirmed Wednesday.The Stamford, Connecticut-based firm laid off 44 employees ahead of a bumpy economic cycle, it said in a statement. Itโ€™s the latest mortgage fintech to undertake layoffs and the most recent lender to cite rising interest rates and reduced volume for downsizing.โ€œWhile we explicitly don't offer refinance mortgages because of the risky boom and bust ...
Lending fintech Tomo Networks cut nearly a third of its workforce Tuesday and will dial back its expansion plans, the company confirmed Wednesday.The Stamford, Connecticut-based firm laid off 44 employees ahead of a bumpy economic cycle, it said in a statement. Itโ€™s the latest mortgage fintech to undertake layoffs and the most recent lender to cite rising interest rates and reduced volume for downsizing.โ€œWhile we explicitly don't offer refinance mortgages because of the risky boom and bust ...
Blend takes a $478M loss, cuts 25% of its workforce
Blend takes a $478M loss, cuts 25% of its workforce
Blend takes a $478M loss, cuts 25% of its workforce
Blend takes a $478M loss, cuts 25% of its workforce
housingwire housingwire | 1 year ago
โ€œWeโ€™re operating the company prudently as if the mortgage industry origination volumes will remain at or near historic low levels through 2025,โ€ Nima Ghamsari, Blendโ€™s co-founder and CEO, said Monday.ย  The post Blend takes a $478M loss, cuts 25% of its workforce appeared first on HousingWire.
โ€œWeโ€™re operating the company prudently as if the mortgage industry origination volumes will remain at or near historic low levels through 2025,โ€ Nima Ghamsari, Blendโ€™s co-founder and CEO, said Monday.ย  The post Blend takes a $478M loss, cuts 25% of its workforce appeared first on HousingWire.
Angel Oak Home Loans cuts 15% of its workforce
Angel Oak Home Loans cuts 15% of its workforce
Angel Oak Home Loans cuts 15% of its workforce
Angel Oak Home Loans cuts 15% of its workforce
housingwire housingwire | 1 year ago
The latest jobs cut was at Angel Oak Home Loans, which reduced its headcount by 57 employees, comprising 15% of the total, a spokesperson told HousingWire.ย ย  The post Angel Oak Home Loans cuts 15% of its workforce appeared first on HousingWire.
The latest jobs cut was at Angel Oak Home Loans, which reduced its headcount by 57 employees, comprising 15% of the total, a spokesperson told HousingWire.ย ย  The post Angel Oak Home Loans cuts 15% of its workforce appeared first on HousingWire.
Flagstar Bancorp cuts 20% of its mortgage staff
Flagstar Bancorp cuts 20% of its mortgage staff
Flagstar Bancorp cuts 20% of its mortgage staff
Flagstar Bancorp cuts 20% of its mortgage staff
housingwire housingwire | 1 year ago
Flagstar Bank has reduced its mortgage staff by 20% since the calendar turned to 2022, laying off 420 employees amid a significant drop in origination volumes and margins. The post Flagstar Bancorp cuts 20% of its mortgage staff appeared first on HousingWire.
Flagstar Bank has reduced its mortgage staff by 20% since the calendar turned to 2022, laying off 420 employees amid a significant drop in origination volumes and margins. The post Flagstar Bancorp cuts 20% of its mortgage staff appeared first on HousingWire.
Real estate unicorn Roofstock cuts its workforce by 20%
Real estate unicorn Roofstock cuts its workforce by 20%
Real estate unicorn Roofstock cuts its workforce by 20%
Real estate unicorn Roofstock cuts its workforce by 20%
housingwire housingwire | 1 year ago
SF-based digital real estate unicorn Roofstock decided to lay off 20% of its workforce, following its first NFT-powered property sale. The post Real estate unicorn Roofstock cuts its workforce by 20% appeared first on HousingWire.
SF-based digital real estate unicorn Roofstock decided to lay off 20% of its workforce, following its first NFT-powered property sale. The post Real estate unicorn Roofstock cuts its workforce by 20% appeared first on HousingWire.
Blend is cutting 10% of its workforce
Blend is cutting 10% of its workforce
Blend is cutting 10% of its workforce
Blend is cutting 10% of its workforce
In-depth analysis, data and st... In-depth analysis, d... | 2 years ago
Notarize lays off 25% of its workforce
Notarize lays off 25% of its workforce
Notarize lays off 25% of its workforce
Notarize lays off 25% of its workforce
housingwire housingwire | 1 year ago
Notarize CEO, Pat Kinsel publicly announced that his firm had laid off 25% of its workforce (110 employees) in a Twitter thread on Wednesday. This is the second time the 7-year-old, Boston-based remote online notarization (RON) firm has undergone layoffs. In 2019, Notarize was forced to undergo layoffs after financing fell through. โ€œWe are exceptionally [โ€ฆ] The post Notarize lays off 25% of its workforce appeared first on HousingWire.
Notarize CEO, Pat Kinsel publicly announced that his firm had laid off 25% of its workforce (110 employees) in a Twitter thread on Wednesday. This is the second time the 7-year-old, Boston-based remote online notarization (RON) firm has undergone layoffs. In 2019, Notarize was forced to undergo layoffs after financing fell through. โ€œWe are exceptionally [โ€ฆ] The post Notarize lays off 25% of its workforce appeared first on HousingWire.
HousingWire June Demo Day: Clear Capital
HousingWire June Demo Day: Clear Capital
HousingWire June Demo Day: Clear Capital
HousingWire June Demo Day: Clear Capital
housingwire housingwire | 1 year ago
ClearCollateralยฎ Review ClearCollateralยฎ Review is a highly efficient and intelligent automated underwriting review system that enables you to apply a risk-based approach to appraisal review and close more loans faster. The system centralizes all analytical tools and data required to review an appraisal and leverages machine learning to eliminate manual tasks, improving review quality and [โ€ฆ] The post HousingWire June Demo Day: Clear Capital appeared first on HousingWire.
ClearCollateralยฎ Review ClearCollateralยฎ Review is a highly efficient and intelligent automated underwriting review system that enables you to apply a risk-based approach to appraisal review and close more loans faster. The system centralizes all analytical tools and data required to review an appraisal and leverages machine learning to eliminate manual tasks, improving review quality and [โ€ฆ] The post HousingWire June Demo Day: Clear Capital appeared first on HousingWire.