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.
Explore the latest trends in mortgage origination, focusing on digital transformation, personalized lending, and innovative strategies in a changing real estate market.
Estimated reading time: 0 minutes, 16 seconds
Mr. Cooper said it is laying off about 800 people as it restructures its originations business. So reports Dow Jones Newswires.
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.