The Dallas-based loan servicing giant’s originations department was mainly affected.
Previously in 2022, Mr. Cooper laid off 250 employees.
Explore the transforming landscape of mortgage origination, highlighting trends such as digital mortgages, data analytics, and regulatory compliance.
Estimated reading time: 0 minutes, 16 seconds
After a round of layoffs earlier this year, Mr. Cooper has given pink slips to an additional 420 employees, or about 5% of its headcount. So reports The Real Deal.
The Dallas-based loan servicing giant’s originations department was mainly affected.
Previously in 2022, Mr. Cooper laid off 250 employees.