Following its absorption of the Mr. Cooper and Redfin organizations, Rocket Companies confirmed it conducted a round of layoffs on Oct. 17, in line plans for cuts announced in second-quarter earnings. The reduction in force affected less than 1% of its team, the company said in a statement, confirming information which appeared in HousingWire. “Following […]
Rocket layoffs related to Mr. Cooper deal get underway Read More »
A credit reporting agency on Monday morning responded to an industry proposal to look into ending the tri-merge with a study finding it even more harmful to borrowers than a two-score pull. Although an earlier Standard & Poor’s study found a bi-merge alternative to the status quo in the mortgage industry could be viable, TransUnion
TransUnion study pushes back on single-score concept Read More »
The Treasury Department and several other federal agencies told a US judge that her order temporarily halting layoffs tied to the government shutdown doesn’t apply to more than 2,000 employees who have already received firing notices. In sworn declarations filed Friday, officials with the departments of the Treasury, Health and Human Services and Homeland Security said their
Court order won’t stop some shutdown layoffs Read More »