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LoanCare lays off undisclosed number of workers

LoanCare lays off undisclosed number of workers

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LoanCare lays off undisclosed number of workers
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LoanCare lays off undisclosed number of workers
LoanCare lays off undisclosed number of workers
LoanCare lays off undisclosed number of workers
LoanCare lays off undisclosed number of workers
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Mortgage subservicer LoanCare conducted a round of layoffs on June 17, as the need to assist borrowers affected by the pandemic continues to decline.LoanCare routinely manages its resources in conjunction with its work requirements, Dave Worrall, its president, said in a statement. Because of COVID-19, Congress mandated servicers to grant forbearances to mortgage borrowers and the company had staffed up to handle that.Β "We added capacity to cover needs during the pandemic and associated relief...
Mortgage subservicer LoanCare conducted a round of layoffs on June 17, as the need to assist borrowers affected by the pandemic continues to decline.LoanCare routinely manages its resources in conjunction with its work requirements, Dave Worrall, its president, said in a statement. Because of COVID-19, Congress mandated servicers to grant forbearances to mortgage borrowers and the company had staffed up to handle that.Β "We added capacity to cover needs during the pandemic and associated relief...
Blend lays off 200 workers as mortgage industry sputters
Blend lays off 200 workers as mortgage industry sputters
Blend lays off 200 workers as mortgage industry sputters
Blend lays off 200 workers as mortgage industry sputters
housingwire housingwire | 2 years ago
Publicly traded mortgage tech company Blend Labs laid off 10% of its workforce amid major headwinds in the mortgage industry. The post Blend lays off 200 workers as mortgage industry sputters appeared first on HousingWire.
Publicly traded mortgage tech company Blend Labs laid off 10% of its workforce amid major headwinds in the mortgage industry. The post Blend lays off 200 workers as mortgage industry sputters appeared first on HousingWire.
Mr. Cooper lays off workers as originations nosedive
Mr. Cooper lays off workers as originations nosedive
Mr. Cooper lays off workers as originations nosedive
Mr. Cooper lays off workers as originations nosedive
housingwire housingwire | 1 year ago
Add Mr. Cooper to the list of lenders and servicers reducing staff: pink slips arrived for 250 employees in the first quarter, as the company faced declines in the earnings from loan originations. And it's going to get very rough in Q2. The post Mr. Cooper lays off workers as originations nosedive appeared first on HousingWire.
Add Mr. Cooper to the list of lenders and servicers reducing staff: pink slips arrived for 250 employees in the first quarter, as the company faced declines in the earnings from loan originations. And it's going to get very rough in Q2. The post Mr. Cooper lays off workers as originations nosedive appeared first on HousingWire.
Mr. Cooper lays off 420 while mortgage industry cuts mount
Mr. Cooper lays off 420 while mortgage industry cuts mount
Mr. Cooper lays off 420 while mortgage industry cuts mount
Mr. Cooper lays off 420 while mortgage industry cuts mount
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
The pace of layoffs across the mortgage landscape isn’t letting up, with more firms announcing major cuts in response to rising interest rates and declining volumes.Mr. Cooper is laying off approximately 420 staff members, or 5% of its total employee base, mostly in originations, it announced Thursday. The terminations include 16% of the company’s California workforce, with 120 cuts at its Santa Ana, California office. Mr. Cooper already laid off approximately 250 employees during the first...
The pace of layoffs across the mortgage landscape isn’t letting up, with more firms announcing major cuts in response to rising interest rates and declining volumes.Mr. Cooper is laying off approximately 420 staff members, or 5% of its total employee base, mostly in originations, it announced Thursday. The terminations include 16% of the company’s California workforce, with 120 cuts at its Santa Ana, California office. Mr. Cooper already laid off approximately 250 employees during the first...
Zillow lays off 300 workers, citing need to focus on 'key growth areas'
Zillow lays off 300 workers, citing need to focus on 'key growth areas'
Zillow lays off 300 workers, citing need to focus on 'key growth areas'
Zillow lays off 300 workers, citing need to focus on 'key growth areas'
bizjournals bizjournals | 1 year ago
The move comes after the Seattle-based real estate tech company announced in November 2021 it was shuttering its direct homebuying service, resulting in job losses for more than a quarter of its workforce.
The move comes after the Seattle-based real estate tech company announced in November 2021 it was shuttering its direct homebuying service, resulting in job losses for more than a quarter of its workforce.
Movement Mortgage lays off 170 employees
Movement Mortgage lays off 170 employees
Movement Mortgage lays off 170 employees
Movement Mortgage lays off 170 employees
housingwire housingwire | 2 years ago
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. The post Movement Mortgage lays off 170 employees appeared first on HousingWire.
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. The post Movement Mortgage lays off 170 employees appeared first on HousingWire.
Homepoint lays off off more than 100 employees
Homepoint lays off off more than 100 employees
Homepoint lays off off more than 100 employees
Homepoint lays off off more than 100 employees
housingwire housingwire | 1 year ago
Homepoint laid off more than 100 employees this week as it feels the effects of the price war in the wholesale lending space.Β Β  The company confirmed workforce reductions on Wednesday and Thursday are in line with the company’s β€œopenness to get smaller as an organization to effectively counter severe market pressures,” according to a spokesperson […] The post Homepoint lays off off more than 100 employees appeared first on HousingWire.
Homepoint laid off more than 100 employees this week as it feels the effects of the price war in the wholesale lending space.Β Β  The company confirmed workforce reductions on Wednesday and Thursday are in line with the company’s β€œopenness to get smaller as an organization to effectively counter severe market pressures,” according to a spokesperson […] The post Homepoint lays off off more than 100 employees appeared first on HousingWire.
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. β€œWe are exceptionally […] 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. β€œWe are exceptionally […] The post Notarize lays off 25% of its workforce appeared first on HousingWire.
Doma lays off 15% of work force as Q1 revenue declines - HousingWire
Doma lays off 15% of work force as Q1 revenue declines - HousingWire
Doma lays off 15% of work force as Q1 revenue declines - HousingWire
Doma lays off 15% of work force as Q1 revenue declines - HousingWire
housingwire housingwire | 1 year ago
Despite a 40% year-over-year increase in market share during the first quarter of 2022, Doma Holdings was unable to produce a net profit. The post Doma lays off 15% of work force as Q1 revenue declines appeared first on HousingWire.
Despite a 40% year-over-year increase in market share during the first quarter of 2022, Doma Holdings was unable to produce a net profit. The post Doma lays off 15% of work force as Q1 revenue declines appeared first on HousingWire.
Fix-and-flip lender Kiavi lays off 7% of employees
Fix-and-flip lender Kiavi lays off 7% of employees
Fix-and-flip lender Kiavi lays off 7% of employees
Fix-and-flip lender Kiavi lays off 7% of employees
housingwire housingwire | 1 year ago
Kiavi, which specializes in fix-and-flip and investor loans, has laid off 39 employees, sources told HousingWire on Thursday. The post Fix-and-flip lender Kiavi lays off 7% of employees appeared first on HousingWire.
Kiavi, which specializes in fix-and-flip and investor loans, has laid off 39 employees, sources told HousingWire on Thursday. The post Fix-and-flip lender Kiavi lays off 7% of employees appeared first on HousingWire.