Thread regarding USAA layoffs

Mortgage

Looking at the daily YoY applications and current loans funded YTD, I don’t see how we are going to make it to the current funding goal. Any news of another round of layoffs in mortgage coming soon?

by
| 1241 views | | 4 replies (last May 2, 2023) | Reply
Post ID: @OP+1mnsv6cc

4 replies (most recent on top)

No one in mortgage has their head in the sand, except maybe management. Trust.

Yes layoffs back in October and February. Supposedly after February we were appropriately staffed for the current funding goal. I am no forecasting expert but the daily YoY apps don’t seem to support this so I was just curious if there were any whisper going around.

by
| | Reply
Post ID: @3oxf+1mnsv6cc

Checking the news it seems your Mortgage department already had a staff reduction hit earlier in Febuary.

by
| | Reply
Post ID: @1uny+1mnsv6cc

You already answered your own question.

More importantly, you should have been finding a new gig 1 year ago but you remained with head in the sand ostrich like.

by
| | Reply
Post ID: @1fpg+1mnsv6cc

I am in mortgage processing and we are steady. These loans are so sh---y and we are trying to piece them together
But I am wondering the same thing will there be another layoff its so stressful working like this

by
| | Reply
Post ID: @koi+1mnsv6cc

Post a reply

: