Mr. Cooper Slashes 800 Jobs in Business Overhaul

Rising Mortgage Rates and Their Impact on the Housing Market
Explore the effects of rising mortgage rates on the housing market, with insights into buyer behavior and real estate trends amidst economic shifts.

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.

Read 1414 times

Rate this item

(0 votes)