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Texana Bank to trim workforce in California

Housing Wire

Lauren Witherspoon, director of human resources, wrote: “Circumstances will force Texana Bank to conduct layoffs,” taking place Sept. The layoffs include loan officers, underwriters, processors, post-closing and secondary market staff. Employees on the technology, marketing and human resources teams are on the list.

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People movers: Home Point Financial, Kukun, Kairoi Residential

Housing Wire

Prior to this new position, Supancich served as senior vice president and global chief human resources officer at Kelly Services , a Fortune 500 company that specializes in workforce management solutions for employers worldwide.

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Pennymac Financial cuts another 32 jobs in California

Housing Wire

The cuts mainly focus on vice president positions, including areas such as financial risk, secondary market and portfolio investment. The 2022 housing market has been underscored by interest rate spikes and refi decline and lenders are working hard to adjust to new borrower trends.

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Rocket offers voluntary buyouts to 8% of workforce

Housing Wire

“One of our responsibilities as a company is to provide our team members a fulfilling career, and we have been able to do that for tens of thousands in the last 36 years,” Mike Malloy, chief administrative officer at Rocket Central , Rocket’s human resources arm, said in a statement Monday.

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Guaranteed Rate conducted two rounds of layoffs this month

Housing Wire

The second round of layoffs this month mostly affected non-tech workers and included its vice president of creative, an operations training manager and a human resources director. market share, IMF data showed. Loan officers were let go in August as well, according to former employees. The volume is still higher than the $1.17

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Opinion: The elasticity in mortgage employment

Housing Wire

While taking with Clayton Collins, CEO of HW Media, he used the term “elasticity” when describing the housing market and mortgage employment. Some just got too big, so when markets changed, they didn’t have a way to support the staff. When the market changes, some people don’t make it. I was that friend.

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Here are the 2022 HousingWire Vanguards!

Housing Wire

Each year, the HousingWire Vanguards represent an elite group of industry executives who are moving the housing market forward. Head of Real Estate Markets. Chief Human Resources Officer. But these industry veterans didn’t fall into these roles overnight. Executive Vice President of Retail Lending. Peter Bowman.