FICO to cut 15% of staff, reduce management layers
The move comes as regulators and large lenders are embracing competing credit score models
Mortgage and Housing Layoffs
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Rocket offers voluntary employee buyouts after Mr. Cooper, Redfin acquisitions
Rocket Companies is offering voluntary separation packages to some employees as part of its consolidation following last year’s acquisitions of Mr. Cooper Group and Redfin.
CoStar Group cuts jobs amid AI rollout and Homes.com focus
CoStar Group reduces workforce, citing AI-driven efficiencies and continued commitment to Homes.com despite investor pressure.
Producing LOs grow their ranks in 2025: RETR
The mortgage industry recorded a modest increase in the number of producing loan officers in 2025 — the first annual rise since the COVID-19 pandemic, according to early data from mortgage technology platform RETR.
Rocktop’s Cade Thompson on targeting inefficiencies in mortgage lending
Cade Thompson, chief growth officer at Rocktop Technologies, shared how lenders are reframing cost-cutting efforts and easing fears about AI.
Rocket revamps real estate arm, moves home search to Redfin
Users who visit the Rocket Homes website are now met with a message stating they “can search for homes on Rocket until August 4.” After that, they will be redirected to Redfin’s platform, which will serve as Rocket’s primary home search tool.
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.
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.