SoFi lays off mortgage lending staff
About 100 employees at online lending startup SoFi are goin.....»»
SoFi restructures digital mortgage approach, lays off staff
About 100 employees at online lending startup SoFi are goin.....»»
Lending startup SoFi is said to be cutting 7% of staff as it revamps its mortgage unit
Social Finance Inc., the lending and refinan.....»»
SoFi Is Said to Cut 7% of Staff and Revamp Ailing Mortgage Unit
Social Finance Inc., a lending and refinancing startup, is valued at more than $4 billion. Social Finance Inc., the lending a.....»»
MEL Magazine lays off editorial staff
Insider's top advertising and media stories for March 25. Hi and welcome to Insider Advertising for March 25. I'm senior advertising reporter Lauren Johnson, and here'.....»»
Massport lays off 200 to hit job-cut targets
The agency had revealed in November that it planned to reduce its staff numbers by about a quarter in the following months. At the time, it had about 1,300 employees......»»
LoanDepot Seeks NYSE IPO Listing Amid Mortgage Boom
In its latest filing with the Securities and Exchange Commission on Monday, mortgage lending company LoanDepot Inc disclosed its plans to go public read more.....»»
U.S. mortgage executives forecast a $3T year in 2021
Lending rates are expected to fall as competition for borrowers heats up......»»
Most Americans who request help from their banks right now get it easily, but too many don"t even realize they can ask
MOAimage/Getty Images An April 13 survey from Lending Tree revealed that 91% of people who requested relief for their credit card and mortgage payments due to the coron.....»»
Banks are offering mortgage forbearance due to COVID-19, but customers who take it might struggle to get a home loan later on
Joe Raedle/Staff/Getty Images As millions .....»»
Outside the Box: How the coronavirus pandemic could forever change home buying and mortgage lending
Borrowers and lenders will face these 3 new and unfamiliar ways of doing business, writes Sanjiv Das......»»
Wells Fargo temporarily stops issuing home equity lines of credit, citing ‘market conditions’
Wells Fargo said Thursday that it will no longer accept new applications for home equity lines, signaling that the economic outlook is too cloudy even for one of the nation’s largest mortgage lenders. “Wells Fargo Home Lending will temporarily st.....»»
Outside the Box: This banker says big banks are getting it wrong by tightening their mortgage-refinancing standards right now
The Federal Reserve has been boosting liquidity for banks to encourage them to lend more; instead, they’re lending less......»»
Visit KC lays off, furloughs nearly half its staff
Nearly half of Visit KC's staff was laid off or furloughed, the nonprofit economic development organization announced Monday. Twenty-one of the organization’s 47 full-time staff, or 44%, were laid off or furloughed, Visit KC said in a release.....»»
Texas aviation services company lays off workers in Atlanta
G2 Secure Staff offers ground handling, vehicle maintenance, passenger assistance and other services for airlines at 54 airports in the United States......»»
Fannie and Freddie will start buying riskier mortgage loans to ease rising housing-market stress
Lucas Jackson/Reuters Fannie Mae and Freddie Mac will begin buying home loans in forbearance to ease lending stresses in the mortgage market, the Federal Housing Finance Agency announced Wednesday. The government-sponsored enterpri.....»»
Fannie and Freddie will now buy loans in mortgage bailout program, in a bid to loosen lending
The Federal Housing Finance Agency, regulator of Fannie Mae and Freddie Mac, announced that the two mortgage giants will now buy home loans that go into the government's forbearance program just after they close......»»
S.F. fintech lender slashes staff, executive pay amid coronavirus-induced downturn
San Francisco-based LendingClub said that it will cut 30% of its workforce as it copes with investors pulling back from its lending platform, the company said in a SEC filing Tuesday. The layoff of 460 people — which includes company President S.....»»
MY VIEW: A company"s reputation rests on how it lays off staff
In these uncertain times business leaders face tough challenges. But how you handle your people-related decisions now will affect your brand and reputation for years to come. Attracting and retaining the best employees is always a challenge. A fe.....»»
IMPAC Mortgage says lending activities to remain on hold
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Harley-Davidson lays off staff, cuts salaries amid virus outbreak
Harley-Davidson said Wednesday it has temporarily laid off most of its global production employees and implemented salary cuts in a bid to lower costs as the coronavirus pandemic has hurt its business......»»