Mr. Cooper Slashes 800 Jobs in Business Overhaul

The Rise of E-Mortgage Originations: A New Era in Lending
Discover the transformative rise of e-mortgage originations in the lending industry, offering streamlined and digital mortgage experiences to consumers.

Estimated reading time: 0 minutes, 16 seconds

Friday, Nov 11 2022

Written by The Mortgage Leader

Mr. Cooper said it is laying off about 800 people as it restructures its originations business. So reports Dow Jones Newswires.

Mr cooper The company said the cuts would result in a projected $20 million charge for its fourth quarter.

LinkedIn shows Mr. Cooper now has a headcount of roughly 4,800 people.

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