This month alone, tech companies have announced more than 50,000 layoffs, including from Amazon ( AMZN ), Alphabet ( GOOG, GOOGL ), and Microsoft ( MSFT ). The Federal Reserve has been raising interest rates at a historically aggressive pace to drive down inflation (which is clocking in at 6.5%). But we also add to that a downside scenario, and what this results in is 95% of our reserve methodology is weighted toward a recessionary environment in 2023, Moynihan told investors. Finance of America Holdings. Do you know WHY our loan was transferred/sold, and what is Rushmores track record on giving loan modifications and/or principal reductions. 11 bankruptcy W.J. Pentagon FCU (PenFed Credit Union) just laid off a unknown (seems to be large scale) number of mortgage employees Im a Current Employee. That includes the. As SARAH said on May 18, 2022 at 11:59 am & ANONYMOUS said on May 27, 2022 at 6:50 am. Closers/UW/Processors/Manager, Wyndham Capital Mortgage laid off as many as 60 loan officers yesterday can only personally confirm to being 1 of the 18 let go from our Kansas City office. We help move your dreams forward through our Customer First, Last and Always approach and wide variety of lending options. Unbeknown to us 14 days later a second loan was filed by TBW for same amount. Sources told. Your email address will not be published. But there is a fee if you need to extend your rate lock. Need a copy of the payment that was used to pay off a Mortgage for my parents home in 1995. Send contact info to RB@MailGuppy.com and I will give you a call. Discover Home Loans shuts down Ditech sold reverse mortgage business to Mortgage Assets Management, LLC Ditech closed St. Paul office, let go of 210 employees Ditech closed Rapid City, SD call center, cut 450 jobs Ditech cut 79 jobs as it closes Kennesaw, Georgia facility Ditech exited retail channel, ~200 layoffs Ditech closed San Antonio office, 78 layoffs Ditech cut 103 jobs in St. Louis area Ditech closed Irving, TX office and laid off 437 employees Ditech 181 layoffs Ditech cut 120 jobs at Costa Mesa, CA headquarters Dollar Mortgage Corp. being acquired by Shearson Financial Network Domestic Bank shutting down wholesale unit Doral Bank En Espanol shut by FDIC Douglas County Bank shut by FDIC Dover Mortgage Company shutting wholesale mortgage division Dover Mortgage Co. cut 17 employees Downeast Mortgage Corp. to shut down Downey Savings shut down by the FDIC Downey Savings shut wholesale channel Draper and Kramer Mortgage merged with 1st Advantage Mortgage LLC DuPage National Bank closed by FDIC Dwelling House Savings and Loan Association shut by FDIC eBank shut down by FDIC E-Loan/Banco Popular Wholesale Mortgage to cease lending E-loan closed sub-prime wholesale division, layoffs E-Loan layoffs E-Trade exits wholesale mortgage business E-Trade to halt mortgage lending Earl Shilton building society (UK) halts mortgage lending Earthstar Bank shut by FDIC Eastern Financial Florida Credit Union put in conservatorship Eastside Commercial Bank shut by FDIC Edgebrook Bank shut by FDIC Edgewater Lending Group halts wholesale lending Edward Jones Mortgage shut down, 200+ possible layoffs Egg Mortgages (Citi-owned UK finance unit) no longer accepting applications Elizabeth State Bank shut by FDIC Ellie Mae acquired AllRegs Ellie Mae acquired MortgageCEO Empire Bancorp Mortgage Bankers shut down Encore Bank laid off 300 employees ECC Capital/Encore Credit sold to Bear Stearns, 100 layoffs announced Aug. 17 Encore Credit laid off 100 Account Executives at wholesale unit in Irvine, CA Encore Credit merging with Bear Stearns Residential Mortgage Enterprise Financial Services bought Gorman & Gorman Home Loans Entrust Mortgage closed Equibanc closed by Wachovia Equifirst shutting down Equifirst layoffs, bought out by Barclays Bank PLC EquiFirst cut 64 jobs in Arizona Equipoint halted wholesale lending, shut 70+ branches Equitable Mortgage merged into Flat Branch Home Loans Equitable Reverse Mortgage closed doors Equitable Trust Mortgage Corp. suspended by FHA Equity One (a unit of Popular Inc.) cut 147 jobs in Marlton, NJ Equity Title (owned by Coldwell Banker) layoffs Eurobank shut by FDIC Evansville Teachers FCU acquired First Liberty Financial Mortgage EverBank laid off 302 employees in Jacksonville EverBank Financial ceased wholesale lending, closed three operations centers in Dallas, Jacksonville, and Sacramento while cutting 150 jobs Evergreen Bank shut by FDIC Evergreen State Bank shut by FDIC Excel Bank shut by FDIC Exchange Financial temporarily discontinuing its Wholesale/Correspondent business eXp Realty reduced headcount by approximately 15% Expanded Mortgage Credit closed wholesale Express Capital Lending not accepting new submissions until further notice Family First Mortgage Corp. ceases operations, layoffs Fannie Mae 200 layoffs Fannie Mae consolidated three Dallas offices, possible layoffs Fannie Mae and Freddie Mac bailed out Farmers and Traders State Bank shut by FDIC Fayette County Bank shuttered by FDIC FBR Capital Markets cut 75 jobs FBR selling subprime unit Federal Home Loan Bank of Seattle merged with the Federal Home Loan Bank of Des Moines Federal Savings Bank acquired Baytree National Bank & Trust Fenway Summer merged with Ethos Lending Fidelity Bank shut by FDIC Fidelity Homestead Savings Bank purchased NOLA Lending Group LLC Fidelity National Financial to buy LandAmerica (large title companies) Fidelity National Financial terminated LandAmerica merger Fidelity National Information Services cut 35 jobs in Jacksonville Fidelity Trust Bank selling residential mortgage company Fidelity Trust Mortgage Inc. Fieldstone Mortgage bankruptcy Fieldstone Mortgage Co. halted new business, closed Las Vegas branch, layoffs Fifth Third Bank closed 44 Chicago-area branches Fifth Third Bank ceased wholesale mortgage lending Fifth Third Bank wholesale mortgage layoffs in Charlotte, NC as refinance demand wanes Fifth Third Bank 700 layoffs Fifth Third to discontinue Alt-A lending Finance America closed Finance of America acquired wholesale lending assets of Parkside Lending LLC Finance of America closed Roseville, CA office, 33 layoffs Finance of America Mortgage acquired Skyline Home Loans Financial Freedom cut 65 jobs in Irvine, CA office Financial Title Company closing, layoffs Firstar Bank acquired assets of Leader Mortgage First Advantage acquired CredStar First American Bank to cease wholesale lending First American Corp. (title insurer) layoffs at 1,900 First American Financial purchased Interthinx First American Title Insurance cut 116 jobs in Santa Ana, CA First Arizona Savings shut by FDIC FirstBank acquired Franklin Synergy Bank FirstBank sold correspondent lending unit to Rushmore Loan Management Services LLC FirstBank purchased wholesale mortgage division of StellarOne Corp. FirstBank to shut down wholesale mortgage division Oct. 31 FirstBank Financial Services shut down by FDIC FirstCity Bank shut down by FDIC FirstLine Mortgages (Canadas largest mortgage broker) stopped mortgage lending First Bancshares acquired The Mortgage Connection, LLC First BankAmericano shut by FDIC First Bank of Beverly Hills shut down by FDIC First Bank of Idaho shut down by FDIC First Bank of Jacksonville shut by FDIC First Bank of Kansas City shut down by FDIC First Banking Center shut by FDIC First Banks of St. Louis bought Coast Bank First California Mortgage Company shut down, layoffs First Capital Bank shut by FDIC First Centennial Bank shut down by FDIC First Cherokee State Bank shut by FDIC First Choice Bank shut by FDIC First Choice Community Bank shut by FDIC First Choice Loan Services, Inc. ceased operations, for sale First Collateral Services (Citi) 126 layoffs First Collateral Services (Citi) cut 150 jobs First Commerce Community Bank shut by FDIC First Commercial Bank shut by FDIC First Commercial Bank of Florida shut by FDIC First Commercial Bank of Tampa Bay shut by FDIC First Community Bancorp layoffs First Community Bank shut by FDIC First Community Bank of Southwest Florida (Community Bank of Cape Coral) shut by FDIC First Community Mortgage (FCM) acquired a Mortgage Boutique (AMB) First CornerStone Bank shut by FDIC FirsTier Bank shut by FDIC First Consolidated Mortgage Co. subprime wholesaler shutting down, in dispute First Coweta Bank shut down by FDIC First Direct Lending stopped accepting applications First DuPage Bank shut down First East Side Savings Bank shut by FDIC First Federal Bank shut by FDIC First Federal Bank of California halted wholesale lending First Federal Bank of California shut by FDIC First Federal Bank of North Florida shut by FDIC First Fidelity Financial closed its doors First Financial Bank buy 4Trust Mortgage First Franklin to be shut down, 650 layoffs First Franklin Financial layoffs, sold to Merrill Lynch First Franklin firings/layoffs rumored First Georgia Banking Company shut by FDIC First Georgia Community Bank shut down by FDIC First Guaranty Bank and Trust Company of Jacksonville shut by FDIC First Guaranty Mortgage Corp. acquired goodmortgage.com First Guaranty Mortgage Corp. cut 82 jobs in Frederick, MD First Heritage Bank shut by FDIC First Horizon shut down mortgage operations First Horizon cutting 1,500 jobs, closing 50 offices First Horizon National Corp. divested its subprime mortgage loan portfolio First Horizon discontinued national construction and commercial lending, 160 layoffs First Horizon to sell or shut down mortgage unit First Indiana Wholesale closed wholesale consumer lending operations First Integrity Bank shut down by FDIC First International Bank shut by the FDIC First Lowndes Bank shut by FDIC First National Bank of Crestview shut by FDIC First National Bank (Rosedale, MS) shut by FDIC First Madison Mortgage shut down First Magnus no longer funding or originating any mortgage loans First Mortgage Corp. shut down, Freedom Mortgage to acquire select assets/employees First National Bank shut by FDIC First National Bank of Arizona halts retail mortgage lending, 35 layoffs First National Bank of Danville shut by FDIC First National Bank of Davis shut down by FDIC First National Bank of Florida shut by FDIC First National Bank of Georgia shut by FDIC First National Bank of the South halts wholesale lending First National Bank of the South shut by FDIC First National Mortgage Sources shut down First NLC bankrupt, halts lending First NLC Financial Services LLC 645 layoffs First Mariner Bancorp closed its wholesale mortgage lending unit First National Bank (also operating as The National Bank of El Paso En Espanol) closed by FDIC First National Bank of Anthony shut by FDIC First National Bank of Arizona shut down by FDIC First National Bank of Central Florida shut by FDIC First NBC Bank shut by FDIC First Niagara Financial Group, Inc. closed mortgage processing office in Syracuse, 14 layoffs First PacTrust Bancorp, Inc. acquired Gateway Bancorp First Peoples Bank shut by FDIC First Piedmont Bank shut by FDIC First Priority Bank closed by FDIC First Regional Bank shut by FDIC First Security Loan Corp. to shut down First Security National Bank shut by FDIC First Source Funding Group closed First Southern Bank shut by FDIC First Southern National Bank shut by FDIC First State Bank shut by FDIC First State Bank (AZ) shut down by FDIC First State Bank (Sarasota) shut by FDIC First State Bank of Altus shut by FDIC First State Bank of Winchester shut by FDIC First Street Financial closed First Suburban National Bank shut by FDIC First United Bank shut by FDIC First Vietnamese American Bank shut by FDIC Fitch Ratings to cut 150 jobs Flagship National Bank shut down Flagstar Bank acquired 52 Wells Fargo bank branches Flagstar Bank acquired certain assets of Opes Advisors Inc. Flagstar Bank cut roughly 600 jobs thanks to slowing mortgage business Flagstar Bank layoffs total 300 in Troy, MI due to outsourcing Flexpoint Funding reportedly closed wholesale division, now completely shut down Flick Mortgage closed FMF Capital LLC closed Florida Community Bank shut by FDIC FNBA wholesale division and correspondent line shut down, 541 layoffs Fort Lee Federal Savings Bank, FSB shut by FDIC Fortes Financial halted lending Fortes Financial acquired five former National City regional wholesale offices Founders Bank shut by FDIC Foxtons, Inc. filed Chapter 11 bankruptcy Franklin American suspends jumbo wholesale lending Franklin Bank shut down by FDIC Franklin Bank Corp. closing warehouse line, layoffs Franklin Credit Management Corp. suspends loan acquisition and origination Franklin First Financial shut down Freddie Mac cut 100+ jobs Freedom Bank shut down by FDIC Freedom Bank of Georgia shut down by FDIC Freedom Financial shutting down Freedom Mortgage Corp. acquired J.G. Newrez & Caliber Home Loans has had a multitude of layoffs in 2022, most recent being 8/3. I think Rushmore buys non-performing loansso that might explain it. The troubles in the tech space were even acknowledged by Federal Reserve Chair Jerome Powell, who said during a press conference last month these layoffs were "a story unto itself.". Was made a part of Envoy Mortgages 5th round of layoffs (since July) yesterday. Payment company Stripe announced that it would lay off more than 1,000 employees, which is about 14% of its labor force. All rights reserved. Flagstar Bank makes big cuts to mortgage operation Michigan-based Flagstar Bank is reducing its retail operations and laying off hundreds of staff after receiving approval for a merger with New York Community Bank. Home Point Financial acquired wholesale division of Platinum Mortgage Inc. Home Point Financial acquired Maverick Funding Corp. HomeStreet Bank sold its stand-alone home loan centers to Homebridge Financial, HSBC closing 260 consumer lending branches, Impac Mortgage stops Alt-A lending, 144 laid off, Lehman Brothers filed Chapter 11 bankruptcy, Lexington Lending halts wholesale operations, Nationstar Mortgage changed name to Mr. Cooper, Envoy Mortgages correspondent lending division, Open Mortgage acquired Premier Home Mortgage, Paul Financial suspends loan origination, Synergy One Lending acquired BBMC Mortgage, Veritex Community Bank acquired 49% stake in Thrive Mortgage, LLC, Wells Fargo cut 350 mortgage jobs nationwide thanks to higher interest rates, Wells Fargo stops reverse mortgage lending. I worked at Caliber Home Loans which was acquired by New Residential this year (New Rez) and was laid off with no 60-day notice. Redwood Trust laid off numerous people prior to Thanksgiving including myself. In the decade after the 2008 financial crisis, Wall Street firms contended with the industry's declining revenue pools by implementing annual layoffs that targeted those perceived to be the. They havent paid their employees either. Required fields are marked *. I was one of those affected. The loss was a swing from a $127 million profit in the same period of 2021. Goldman Sachs Will Reportedly Cut More Than 3,000 JobsAs Major Layoffs I cant believe it hasnt been reported anywhere, Monday Freedom Mortgage laid off 160 Government Underwriters Monday May 23rd, Provident Funding laid off roughly 50 in Nov 2021 and had another round on June 2nd 2022 (exact figures unknown but estimates around 20-40 people). Not sure how many over all because they somehow keep it out of the news. QVC parent company Qurate lays off 400 as part of turnaround plan Finance of America Mortgage announces shutdown - HousingWire Priority Funding Mortgage Bankers believed to have ceased operations Prodigy Lending LLC merged with The Texas Mortgage Pros Proficio Bank (UT) shut by FDIC Progress Bank of Florida shut by FDIC Promontory Financial Group cut hundreds of employees conducting foreclosure reviews Prospect Mortgage acquired certain assets (Consumer Direct market) of CapWest Mortgage Prospect Mortgage acquired Diamond Mortgage Group Prosperan Bank shut by FDIC Provident Bank Mortgage ceased operations, 133 layoffs in CA Provident Bank layoffs in Riverside, CA Provident Financial Plc (top UK subprime lender) slashed 170 jobs Provincial Bank acquired United Residential Mortgage Property Finance Group (New Zealand) halted trading amid liquidity concerns Prospect Mortgage to acquire 80 Indymac branches, 750 employees Prospect Mortgage acquired certain retail mortgage branches of Excel Mortgage Servicing, Inc. And it's not just tech workers being let go. Lien was never released and do not have proof of payment. Advanced product, pricing and eligibility technology creates efficiencies and helps lenders compete in a fast-paced market. Now we face yet another potential housing crisis, due to lofty property values and a doubling of mortgage rates (3% to 6%) in less than a year. Mortgage Businesses Seen Laying Off Thousands as Volume Drops I am trying to find out who is the successor of Colony Mortgage Corp. Half of Q4 2022 transactions had wire and title fraud risks. All told, more than 55,300 employees from more than 154 tech companies have been affected by layoffs in 2023, according to Layoffs.fyi, a layoff tracking site. Layoffs are sweeping Corporate America to kick off 2023 Bank of America has to trim down its headcount in the coming weeks as an economic downturn takes shape on the horizon. Incredible work here. What Mortgage Rate Can I Get With My Credit Score? This includes 100 layoffs in Israel, where Amdocs has a significant presence with about 5000 employees. As recession fears swirl, a fresh round of layoffs is in the works for at least four corporate giants to start the new year. Multichannel lender Finance of America (FoA) has laid off hundreds of employees across several rounds in the second and third quarters of 2022. While Goldman Sachs, Morgan Stanley and others downsized, JPMorgan and Bank of America upsized. Finance firms also hinted at the shifting economic landscape as year-end earnings reports were made public on Friday morning. AAG has laid off for the 2nd time this year AFTER assurance that jobs were secureHUNDREDS laid off! U.S. carriers accepted $54 billion in taxpayer aid to keep staff on their payroll. Finance Of America Layoffs - GoLayoffs Aurora extends the Better.com merger deadline once again, Real estate agents wonder if inventory levels will ever return to normal, Optimizing client engagement and communication in 2023, Shared Equity: A required intervention for home affordability. February 2. In an effort to reduce overhead, Kalamazoo MI based AmeriFirst Home Mortgage terminated approximately 45 people. Alexandra Semenova is a reporter for Yahoo Finance. Site by, The new, must-have technology thats tackling lendings greatest challenges. Unaffiliated with Amerifirst Financial Inc.). Its tough out there right now, I was just laid off on 3/07, I thankfully was lucky enough to have someone notice me and refer me to another lender. The Truth About Mortgage. No class. I have 23 years in the mortgage fulfillment industry and that didnt save me from the layoff ax. Mario Glover, a former business support analyst, was laid off during a video call with his manager and a rep from human resources on July 15, just three months after he started working at the lender. Follow her on Twitter @alexandraandnyc, Click here for the latest stock market news and in-depth analysis, including events that move stocks, Read the latest financial and business news from Yahoo Finance, Download the Yahoo Finance app for Apple or Android, Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and YouTube, slashed about 6% of its workforce, or 3,200 jobs, warned of layoffs in a year-end audio message, INSIGHT-Before fatal collapse, Turkish building had skirted code thanks to Erdogan policy, In Chicago, adapting electric buses to winters challenges, Ukraine ally Kallas fights for reelection in Estonia vote, Global race to boost electric vehicle range in cold weather, UK says Ukraine forces under increasingly severe pressure defending Bakhmut. BofA, Citigroup trim investing banking headcount in Asia -sources January 5, 2023, 10:25 AM. Some firms across the financial industry are giving workers the boot after dealmaking activity tumbled last year and as a potential recession looms. Finance of America Companies provides a diverse selection of lending products and services that meet customers' financial needs throughout each phase of their lives. Ride-sharing giant Lyft in November revealed to staff that it would be cutting some 700 jobs in an effort to bolster its business, which is facing a slowing economy, heading into 2023. This year's layoff announcements come as U.S. companies grapple with inflation, higher interest rates, and a deteriorating economic environment that has prompted both needed and precautionary cost-cutting especially after many over-hired during the post-pandemic boom in 2021. These links are provided for convenience and informational purposes. Does anyone know of a platform where you can set up notifications when mortgage affiliates post key layoff, acquisition or merger updates and/or news? Finance of America Mortgage Finance of America Mortgage Review | NextAdvisor with TIME Hi, Can you please tell me who took over the accounts for Beneficial Mortgage? Finance of America's losses deepened in the second quarter as spread widening intensified, impacting even loan segments that were previously insulated from it, and outpacing gains in areas like servicing advisory services. Finance of America Mortgage LLC (FoA) has announced it will stop funding or purchasing correspondent loans through its forward wholesale and non-delegated correspondent channels next month.. I work there. The former CEO said these were steps to optimize the companys businesses amid the current environment. Simply put, mortgage companies must rightsize as too many players chase far too few loans. Co. never reconveyed the title or released the lien it is showing on title = am in the process of selling but Washtenaw went out of business in 2005 no phone #s or emails are any good. Cal, 400 in So. Asia Martin , Kylie Robison . The Labor Department will publish its jobs report for December at 8:30 a.m. Trying to clear up a release of lien on property with original note maker Commodore, Matrix released the lien and recorded it but Title company needs to establish the relationship between Matrix & Commodore. Do you know anyone who might know anything to help us get this resolved? In the United States, more than 90,000 workers in the tech sector were laid off in 2022, according to tracking by Crunchbase News. The power of data with Mike Simonsen at Gathering of Eagles, Eric Lapin on how consumer-controlled data can change lending, Clear Capital launches UDC to support appraisal modernization. Monthly payroll gains averaged 391,000 across 2022, weekly filings for unemployment insurance have not budged much above 200,000, and on Wednesday, the latest Job Openings and Labor Turnover Survey, or JOLTS, showed a higher-than-expected 10.5 million job openings. Many of the tech firms that lobbied for more temporary visas for high-skilled immigrants are now firing these workers, leaving them with 60 days to find a new job or leave the country. The increasingly darkening skies for banking and finance come after a year in which tech companies were buffeted by layoffs, despite most other parts of the labor market proving resilient. Amid one of the most challenging mortgage markets since the great financial crisis, Finance of America Mortgage LLC (FAM) will shut down by the end of the year following its decision to exit the wholesale channel and the collapse of a forward retail deal with Guaranteed Rate earlier this month. Find out what works well at Finance of America from the people who know best. The statement that they acquired Moore Group is misleading as the Moore group is just a family branch team that changed companies to Sierra Pacific. CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER. The finance industry is beginning to feel the effects of an expected economic downturn and firms are slimming down in anticipation. Ive heard theyre also making pay cuts. Although the layoffs were unusually large this year, they are an ever-lurking prospect for people who work in finance. Guild Mortgage has been doing layoffs since the end of 2021. Finance of America Posts Nearly $1.4B Loss Due To Accounting Change Christine Stuart Mar 04, 2022 A 53% increase in Specialty Finance and Services (SF&S) segments revenue almost entirely offset the decline in mortgage revenue similarly experienced by the broader market. CMG Financial, based in San Ramon CA, has been doing layoffs all year but it looks like theybare flying under the radar. Is this for the U.S., or globally? Roku Is One of Fast Company's Most Innovative - finance.yahoo.com Suprised that you have not picked up the story that lendus was sold to cross country. Theyre also in the process of being aquired by NYCB. There were about 83 laid off in February 2022. We feel deeply for the individuals that were impacted by these reductions. SAN JOSE, Calif., March 02, 2023 -- ( BUSINESS WIRE )--This year, Fast Company named Roku, Inc. (NASDAQ: ROKU) one of the top 10 most innovative companies in North America, for the brand's . Just a comment; Ive been in the mortgage industry just under 30 years. I havent seen anything about it in the news. The boom times are over in banking, and big layoffs are back on Wall Street. Only discussing TMS and its future platform. The e-commerce giant first said in November that about 10,000 jobs would be axed. client paid off mortgage in 2005 with Chapel Mortgage and of course a satisfaction was never recorded. Finance of America Posts Nearly $1.4B Loss Due To Accounting Change Guaranteed rate laid off underwriters and closers last week, October 7, 2022. I think they acquired some parts of the company in early 2016. They cut a larger portion of people in June. No class at all. A monthly Bloomberg survey of economists found that there is about a 70% chance of a recession, more than double what was predicted six months ago. In an announcement emailed to its business partners on Friday, FoA . Amdocs, a global tech company, plans to lay off 3% of its workforce, a total of 700 employees. Dozens of other tech companies have taken similar actions. U.S. Mortgage Companies Seen Laying Off Thousands of Workers as Volume Drops - Bloomberg Markets Mortgage Businesses Seen Laying Off Thousands as Volume Drops Some staff can be moved to other. I can verify that Lennar Mortgage laid off 114 people on 1/6/2023, then two weeks later gave the ones left 2% to 4% raises and a lot of promotions with 10% raises. Open Mortgage laid off 25 people back in March 2019. Your email address will not be published. Smythe explained that in addition to storm clouds on the horizon for the economy, jobs at tech companies and now finance firms are also being hit by the lingering fallout of the pandemic, which began nearly three years ago. Academy mortgage just did some layoffs this week. And JPMorgan's Dimon said in a televised interview with Fox Business Network last week that the bank has "a lot of growth plans.".
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finance of america layoffs