Mortgage Layoffs 2024. However, we spoke with multiple former employees and they say they believe they were fired because of the color of their skin. In 2024 so far, the bank.

Since early 2022, mortgage layoffs have been driven by a major decrease in mortgage refinance demand and a dwindling pool of eligible home buyers thanks to. Last week, home selling platform opendoor blamed “one of the most challenging real estate markets in 40 years” as it laid off 550 workers, and wells fargo.