The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others
Opinion
Laughing and cheering at the expense of others, whether those others are real estate professionals losing their jobs or celebrities embroiled in abusive situations, has no place in this industry
Investors warned of 'break even' second quarter as rising mortgage rates put a bigger-than-expected dent in loan originations
While real estate industry layoffs largely began with companies that provide mortgages and mortgage-related services, everyone from Adwerx to Zumper has been impacted by the downturn
Sale of Xome subsidiary could be in the works as lenders boost foreclosure filings and auction platform's distressed property inventory swells to record levels
Although Wells Fargo executives did not explicitly mention impending layoffs during a Q1 earnings call on Thursday, the company has been closing branch offices
Shares in Blend touched a new all-time low after the company issued 2022 revenue guidance that co-founder and CEO Nima Ghamsari acknowledged as "much lower than consensus estimates"
Severance pay arrives early. Work computers shut down. Former Better employees describe how they found out they were let go Tuesday
Layoffs had been anticipated and numbered in the thousands. Workers reported receiving no advanced notice that they were laid off.
Better CEO Vishal Garg has apologized to the mortgage company's staff, saying he failed to show adequate respect for the 900 former employees who were let go last week
The online mortgage company is facing scrutiny from former employees and on social media, where a video of CEO Vishal Garg firing employees over Zoom drew thousands of reactions
Experts envision the company pivoting to the comparatively easier business of working with buyers after the failed experiment of scooping up homes from sellers
Glenn Kelman wants Redfin to be a 'beacon for attracting the real estate industry's most diverse talent'
The short-term rental company is aiming to price at $44 to $50 per share, according to an updated S-1 filing it submitted to the Securities and Exchange Commission on Tuesday
The changes are mostly in field offices across the country, with a few operations staffers being let go, a Zillow spokesperson confirmed to Inman