Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.
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Divvy Homes, a real estate startup valued at $2 billion in August 2021, has commenced its third round of layoffs in the past year. So reports TechCrunch.
The rent-to-own technology company is laying off 94 workers nationwide, it said in a letter to Oregon’s Office of Workforce Investments.
“The economics of the company don’t work when interest rates are this high," a person with knowledge of the situation told the news outlet.
