Lender Implosion

There are some great lenders hiring mortgage professionals across the country. This is fantastic to see given that we are still seeing lots of layoffs and cuts being made.

If you’re hiring and would like to be featured on our site, in our emails, and on our social media posts, email [email protected] today!

The 2023 mortgage layoffs continue but Lender Implosion is here to help. Check out your options and the latest implosions at LenderImplosion.com.

If you are struggling to find new job opportunities after being laid off or otherwise displaced in the mortgage space, sign up for FREE at LenderImplosion.com.
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loanDepot
Guaranteed Rate
Rocket Mortgage
Envoy Mortgage
Caliber Home Loans, Inc.
United Wholesale Mortgage
Academy Mortgage Corporation
Sequence Mortgage

Latest Implosions include Interfirst Mortgage Company, Finance of America Companies and mortgage AI company, Candor.

For these and more mortgage layoffs news, check out https://lnkd.in/gAGc6gwN.

Latest Implosions include Interfirst Mortgage Company, Finance of America Companies and mortgage AI company, Candor.

For these and more mortgage layoffs news, check out https://lnkd.in/gAGc6gwN.

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Tim Wagner
Andrew Haberman

Wells Fargo lays off mortgage bankers days after rewarding some with California retreat

Key Points:

* Wells Fargo laid off hundreds of mortgage bankers this week as part of a sweeping round of cuts triggered by the bank’s recent strategic shift, CNBC has learned.

* The layoffs were announced Tuesday and ensnared some top producers, including a few bankers who surpassed $100 million in loan volumes last year and who recently attended an internal sales conference for high achievers.

* The company cut bankers who operated in areas outside of its branch footprint and who therefore didn’t fit in the new strategy of catering to existing customers, according to people with knowledge of the situation.

Lender Implosion is on a mission!! As the market continues to struggle, we continue to help as many laid off mortgage professionals and loan officers by aligning them with new opportunities - inside and outside the mortgage industry. The unfortunate reality is that this year will be another rough one, but there is hope and help at LenderImplosion.com.

Lender Implosion’s mission is to help as many displaced mortgage professionals as we can.

If you’ve been impacted by the mortgage layoffs of 2022 and 2023, sign up for FREE today at LenderImplosion.com.

If you’re a recruiter wanting to be added to our growing recruiter network, send you contact to [email protected].

If you’re hiring, want to help, or just be involved in some capacity, let us know.

The more we can do to get folks into new job opportunities, the better!

Beefy
Supreme Lending Corporate
Guaranteed Rate
loanDepot
Caliber Home Loans, Inc.
Guild Mortgage Company
Axia Home Loans - Corporate
Mr. Cooper
Fairway Independent Mortgage Corporation
United Wholesale Mortgage
Envoy Mortgage
SWBC Mortgage Corporation
Mortgage Bankers Association

While the news is grim across the industry, there are some great lenders and mortgage companies looking to hire great mortgage professionals. Are you with one of those companies? Let us know so you can be featured by Lender Implosion.