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Tagged: Layoffs

Wells Fargo Lays Off Hundreds

Continues its plan to create a 'more focused home lending business.'

Correspondent
Feb 23, 2023
Supreme Court Rebuffs Mobster’s Mortgage Fraud Appeal
Industry News
Feb 22, 2023
the interest
Civic Financial Services To Cut 200 Jobs In Q2

Parent firm PacWest Bancorp announces restructuring plans 2 years after acquiring lender.

Operations
Feb 21, 2023
Deal Nixed After Celebrity Surprisingly Guts Staff
Industry News
Feb 16, 2023
the interest
Celebrity Home Loans Cuts 92% Of Its Staff

Illinois-based mortgage lender sent termination notices Monday.

Distributed Retail
Feb 15, 2023
Mortgage Industry A Land Of Opportunity
Industry News
Feb 07, 2023
the interest
Majestic Home Loan Abruptly Shuts Down

Calif.-based wholesale lender reportedly closed on Jan. 31.

Wholesale
Feb 06, 2023
Will The Fed Help The Housing Market’s Rebound?
Industry News
Jan 31, 2023
the interest
Ex-Employees Sue AmeriSave For Unpaid Wages, Defamation

The group of 140 employees say AmeriSave claimed they were fired 'for cause' after laying them off.

Courts
Jan 31, 2023
NY Community Bank 'Restructuring' Mortgage Operations

After merger with Flagstar Bank, says it will eliminate 69% of retail mortgage lending offices.

Operations
Jan 31, 2023
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