Major U.S. banks already have been cutting staff and operations related to mortgage originations as interest rates have shot up and the roaring housing market has cooled in 2022. For Read more
Tag: originations
Housing’s ‘great slowdown’ is here, as mortgage originations and spending fall, Bank of America says and these cost-effective cooking tips won’t leave you with an empty stomach — or wallet
Hi, MarketWatchers. Don’t miss these top stories. This startup founded by former Airbnb employees lets you try out vacation homes before you buy them Try before you buy: second-home edition. Read more
Housing’s ‘great slowdown’ is here, as mortgage originations and spending fall, Bank of America says
A “great slowdown” is happening in the U.S. housing market, a new report from Bank of America says, as mortgage originations shrink and spending on household items softens. Amid weak Read more
LoanDepot to cut 2,000 more jobs this year as decline in mortgage originations seen accelerating
Shares of LoanDepot Inc. LDI, -12.05% rallied 4.1% in premarket trading Tuesday, after the online mortgage company said it was moving to “aggressively rightsize” its cost structure as mortgage originations Read more