Homeward Lays Off 20% Of Staff
Alternative real estate financing company cut about 120 jobs.
Alternative real estate financing company cut about 120 jobs.
Employees thought the company was doing well, only to lose their jobs Wednesday.
Non-QM lender was doing $380M/month in loan volume, former executive says.
More than 300 employees laid off during a conference call this afternoon.
Employees are upset with the way they were told they're losing their jobs.
Company will layoff, reassign workers from its consumer lending business.