Orchard laid off about 180 workers or roughly 25 % of staff ( 11 / 17 / 22 ) American Financing to cut 194 jobs in Aurora , CO ( 11 / 16 / 22 ) Ribbon pauses RibbonCash program , 170 layoffs ( 11 / 15 / 22 ) Athas Capital to cut 159 jobs in Agoura Hills , CA ( 11 / 14 / 22 ) Movement Mortgage acquires Mortgage Network , Inc . ( 11 / 11 / 22 ) Mr . Cooper to lay off 175 workers in Santa Ana , CA ( 11 / 11 / 22 ) Better Mortgage to let go of 33 employees in Irvine , CA ( 11 / 11 / 22 ) Better Mortgage to cut another 13 jobs in Oakland , CA ( 11 / 11 / 22 ) Impac Mortgage cut 47 % of headcount in Irvine , CA ( 11 / 10 / 22 ) Angel Oak Home Loans to exit retail lending channel ( 11 / 10 / 22 ) RedfinNow to shut down , 862 layoffs ( 11 / 9 / 22 ) Radian Group to eliminate 166 jobs in Coraopolis , PA ( 11 / 8 / 22 ) New American Funding reduces workforce by roughly 240 jobs ( 11 / 8 / 22 )
CrossCountry Morgage to cut 100 jobs in Denver , CO ( 11 / 7 / 22 ) Pennymac to lay off 10 workers in Agoura Hills , CA ( 11 / 7 / 22 ) Newrez to let go of 24 employees in Columbia , Maryland ( 11 / 7 / 22 ) Better Mortgage to eliminate 28 jobs in NYC ( 11 / 4 / 22 ) Pennymac to cut another 49 jobs in Southern California ( 11 / 4 / 22 ) Mr . Cooper to slash another 800 jobs ( 11 / 4 / 22 ) Opendoor to lay off about 550 workers ( 11 / 3 / 22 ) Meridian Bank to lay off 1 / 3 of its mortgage employees and close 3 offices ( 11 / 3 / 22 ) Athas Capital Group to wind down operations , 200 + layoffs ( 11 / 2 / 22 ) Huntington National Bank to acquire PhysicianLoans ( 11 / 2 / 22 ) American Advisors Group ( AAG ) to let go of 204 employees in Irvine , CA ( 11 / 1 / 22 ) Nutter Home Loans to close ( 10 / 31 / 22 ) Finance of America to close Conshohocken , PA office , layoffs ( 10 / 28 / 22 ) Pennymac to lay off 20 in Pasadena , CA ( 10 / 28 / 22 ) Zillow to cut another 300 jobs , or 5 % of company ( 10 / 26 / 22 ) Colonial Savings to lay off 54 workers in Orange County , CA ( 10 / 25 / 22 ) Finance of America Companies Inc . to discontinue forward mortgage originations via both retail and wholesale channels by the end of the year ( 10 / 24 / 22 ) Collins Community Credit Union laid off 38 employees in Cedar Rapids , Iowa ( 10 / 15 / 22 ) Finance of America to shutter wholesale and correspondent lending channels ( 10 / 11 / 22 ) Summit Funding to cut 72 jobs in Sacramento , CA ( 10 / 11 / 22 ) BayFirst Financial to cut another 20 jobs in Florida statewide ( 10 / 11 / 22 ) Angel Oak Home Loans cut 15 % of staff ( 10 / 7 / 22 ) Lower . com layoffs ( 10 / 5 / 22 ) Keller Mortgage layoffs ( 10 / 4 / 22 )
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