Here's a snippet:
Caliber Home Loans, owned by publicly-traded Rithm Capital, issued pink slips to at least 300 employees earlier this week as soaring mortgage rates thin out already-declining origination volume. The lender has made at least four rounds of layoffs this year, multiple sources told HousingWire.
An internal document viewed by HousingWire details which jobs were eliminated as part of the reduction in force on Tuesday. It shows that several management positions were eliminated, including assistant vice presidents of divisional operations and underwriting, as well as two AVPs of regional operations and four AVP underwriting positions.
The most heavily impacted position was processors. At least 93 processors and 25 junior processors were affected, as well as 13 processing managers. At least 38 closer/funder positions were eliminated, five closing managers and 35 underwriters.
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https://www.housingwire.com/articles/los-senior-managers-among-the-300-cut-in-latest-caliber-newrez-layoff/