Home > MBA Newslinks > MBA NewsLink Monday, March 30, 2020

Mortgage Lender Angel Oak Axes 70% of Its Staff

March 27, 2020

Bloomberg, Mar. 27, 2020–Shahien Nasiripour, Claire Boston, Sridhar Natarajan
One of the largest U.S. mortgage firms catering to riskier borrowers slashed 70% of its workforce, signaling a deep slowdown in that business.
https://www.bloomberg.com/news/articles/2020-03-27/mortgage-lender-angel-oak-axes-70-of-staff-amid-credit-tumult

Read next article
Back to Full Issue