The Dallas-based loan servicing giant’s originations department was mainly affected.
Previously in 2022, Mr. Cooper laid off 250 employees.
Exploring recent trends in digital originations for mortgage lenders, highlighting the role of fintech and AI in reshaping the lending process.
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After a round of layoffs earlier this year, Mr. Cooper has given pink slips to an additional 420 employees, or about 5% of its headcount. So reports The Real Deal.
The Dallas-based loan servicing giant’s originations department was mainly affected.
Previously in 2022, Mr. Cooper laid off 250 employees.