LoanDepot lays off 42% Workforce – 4,800 Employees

California-based lender LoanDepot is laying of 42% of its overall workforce ~ around 4,800 Employees. The company released this information mentioned in […]

July 8, 2022July 8, 2022Mortgage

Sprout Mortgage Shuts Down – 300 Employees Let go

Sprout Mortgage was averaging $380 million a month in loan volume before it abruptly shut down on Wednesday. That’s the word from […]

June 30, 2022June 30, 2022Mortgage

First Guaranty Lays off 75% Workforce – 428 Employees

First Guaranty Mortgage Corp. gutted its workforce Friday in one of the largest and swiftest industry layoffs this year, blaming significant operating […]