A List of Mortgage Closures, Mergers and Layoffs

Gee what happened? Housing was moving upward according to the latest propaganda…


Justice League

A List of Mortgage Closures, Mergers and Layoffs

List last updated on August 25, 2013

Latest updates:

Digital Risk laying off 112 employees in Boca Raton, FL
Bank of America cutting 543 jobs in Fresno
Chase to shed 97 mortgage positions in Columbus, OH
Citigroup laying off 150 workers at Fort Mill, SC
OneWest cutting 78 jobs in Pasadena, 102 in Irvine, CA
JPMorgan Chase cutting 42 mortgage servicing jobs in Iselin, NJ
Wells Fargo shedding another 2,323 mortgage jobs nationwide, including 365 in Birmingham, 330 in Orange County, CA, 292 in Phoenix, and 284 in Charlotte
LoanDepot and imortgage.com to merge
1-800-East-West Mortgage Co. suspends operations, cuts roughly half of staff due to decline in business
Retreat Capital Management, Inc. cutting 73 jobs in Dallas
Bank of America slashing 113 mortgage jobs in Dallas
Chase to cut 500+ mortgage jobs in Texas
Capital One Financial to buy Beech Street…

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