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Interfirst to lay off 140 employees

Housing Wire

The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions. Presented by: Acra Lending. Interfirst boasted of its ability to train people with no background in mortgage through a rigorous training course.

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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. That was a 35.4%

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NewRez looking to hire 750 positions in origination division

Housing Wire

The company is seeking to fill positions in all four of its business channels – direct to consumer, JV/retail, wholesale and correspondent lending. Since the onset of COVID-19, we have quickly adapted our recruitment and onboarding processes to comprehensive virtual experiences,” says Liz Monahan, NewRez chief human resources officer.

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People movers: Home Point Financial, Zumper, Total Expert and NAR

Housing Wire

Before he joined Home Point Financial, Hilzendeger was at Wells Fargo for 30 years, most recently with Wells Fargo Home Lending , where he led as head of Retail Operations, head of Servicing Operations, senior vice president of Default Services, and senior vice president of Real Estate Servicing. office’s Talent Development operations.

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These mortgage lenders have cut jobs in 2022

Housing Wire

Wells Fargo , one of the nation’s largest banks, had at least 114 layoffs in its home lending business following a drop in revenue in that division in the first quarter of 2022. Wells Fargo: at least 114 employees in home lending. The bank’s revenues in the home lending business totaled $1.5 loanDepot: Unknown.

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As the market shifts to purchase, LOs get creative

Housing Wire

Christian Hernandez, vice president of mortgage lending at Guaranteed Rate , has leaned heavily on social media platforms to generate new leads and build relationships with borrowers and real estate agents. Meanwhile, others worry that they will soon wash out of the industry. TikTok, Facebook and LinkedIn.

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