Homepoint Layoffs Approach 1,000 Workers
Nation’s third-largest wholesale lender has filed notices totaling 913 layoffs by Nov. 1, but there could be more.
Nation’s third-largest wholesale lender has filed notices totaling 913 layoffs by Nov. 1, but there could be more.
Phoenix-based lender closed abruptly on August 26.
Calif.-based company said it will begin a shutdown and lay off most of its workforce on Sept. 9, 2022.
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The 25% reduction of its workforce comes as it posts $478 million Q2 loss.
Alternative real estate financing company cut about 120 jobs.