Mr. Cooper Slashes 800 Jobs in Business Overhaul - The Mortgage Leader

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Mortgage Rates on the Rise: How Originators Can Adapt
An insightful article discussing how mortgage originators can adapt to the rising interest rates by embracing strategic customer relations and technology integration.

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Mr. Cooper Slashes 800 Jobs in Business Overhaul

Friday, Nov 11 2022

Written by The Mortgage Leader

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Mr. Cooper said it is laying off about 800 people as it restructures its originations business. So reports Dow Jones Newswires.

Mr cooper The company said the cuts would result in a projected $20 million charge for its fourth quarter.

LinkedIn shows Mr. Cooper now has a headcount of roughly 4,800 people.

Read the full article from Dow Jones Newswires.

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