Candor Technology Inc., a mortgage artificial intelligence firm focused on automated mortgage underwriting decisions, has conducted layoffs as lenders rush to cut costs. “Candor is executing a change in strategy to address the ever-changing mortgage […]
Wells Fargo, the largest depository mortgage lender in America, issued pink slips to employees in its home lending business on Tuesday following its decision to exit the correspondent channel. “I can’t provide any specifics but […]
Rent-to-own startup Divvy Homes has reportedly conducted a new round of layoffs on Wednesday, which included cuts to a number of high-level positions. This is at least the second round of layoffs for the company […]
Rocket Companies eliminated about 50 positions last week amid the industry rightsizing with layoffs in the higher-rate environment. “As is common practice in all companies, Rocket regularly looks at the priorities of the business and […]
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