Flagstar Bancorp Cuts 20% of its Mortgage Staff

April 27, 2022

HousingWire, Apr. 27, 2022–Flavia Furlan Nunes
Michigan-based Flagstar Bancorp, Inc., parent company of Flagstar Bank, has reduced its mortgage staff by 20% since the calendar turned to 2022, laying off 420 employees amid a significant drop in origination volumes and margins.
https://www.housingwire.com/articles/flagstar-bancorp-cuts-20-of-its-mortgage-staff/