Inside the Trump administration’s plans to gut the CFPB
HousingWire has obtained details of the planned mass layoff at the CFPB, which would see some divisions shrink dramatically or cease to exist.
Mortgage and Housing Layoffs
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The CFPB announces sweeping job cuts: up to 90% gone
An email sent to employees outlined the agency’s new focus, noting that it would be shifting its focus away from its supervisory roles
Redfin lays off 46 employees
Redfin has started 2025 with a round of layoffs. The Seattle-based brokerage company laid off 46 employees on Thursday.
Ally Financial closes mortgage origination business
Ally Financial announced Wednesday that it would exit the mortgage origination business as part of a broader strategy to pursue higher returns on investments.