A majority of the 1,200 Flagstar employees being let go in $1.4B sale of the company's mortgage servicing business will be offered the opportunity to transfer to Dallas-based Mr. Cooper
PartnerUp Revenue Share will give agents a cut of Side's profit if they refer and mentor other agents. The program was one of several announcements the company made Monday
Seattle-based brokerage and portal Redfin laid off almost 100 Redfin Concierge support and sales managers on Thursday. The company said agents will now take the lead on Concierge services
The iBuyer declined to confirm how many employees have been let go. Recent SEC filings show widespread cuts compared to a year earlier
Lending industry leaders surveyed by Fannie Mae see the lack of housing supply as the biggest risk factor in 2024, but most expect refinancing to pick up next year if rates continue to fall
After cutting nearly 500 jobs following Computershare acquisition, lender to eliminate another 277 positions in August, including senior executives in Colorado, Arizona and Florida
Key Fed inflation metric expected to drop June 28 following unexpected decline in May wholesale prices and jump in weekly jobless claims to 242K workers, highest level since August 2023
Pending layoffs of 420 Newrez employees in Colorado and 53 workers in Florida follow $1.4B in acquisitions as parent company Rithm seeks to diversify beyond mortgage lending
After 3 years as president of Keller Williams, Marc King has stepped down from his post. CEO Mark Willis will take over King's responsibilities
Sixty-five employees are slated to lose jobs when the Atlanta-based lender, licensed in 48 states, ceases operations on March 29, the company confirmed in a WARN Act filing with Georgia officials
Illinois-based Dovenmuehle, which collects monthly payments from homeowners in all 50 states on behalf of lenders and investors, is trimming staff at Lake Zurich HQ but not closing down
The Seattle-based brokerage and mortgage lender announced another round of layoffs on Friday. Flyhomes had layoffs in July and November 2022, with one round impacting 20% of its workforce
Plunk President and co-founder David Bluhm said a number of issues led to the decision, which included 3 employees leaving due to salary cuts and the possibility of more
A $565M influx of cash from an August SPAC merger and a $1B reduction in annual expenses puts Better on a footing to navigate a challenging market, executives say on first earnings call
With headwinds in sight for 2024, loanDepot plans to slash $120M in annual expenses following 3 consecutive quarters of cuts, CEO Frank Martell said during a Q3 earnings call Tuesday afternoon