Home Mortgage Firm Mr. Cooper Laid Off Almost 700 Employees as Loan Demand Sank

Dallas Morning News, July 28, 2022–Mitchell Parton (subscription)
Mr. Cooper Group Inc., one of the largest servicers and originators of home loans in the nation, saw its earnings and revenues sink in the second quarter as demand for mortgages plummeted. That led the company to cut almost 700 jobs since the start of this year.
https://www.dallasnews.com/business/real-estate/2022/07/27/home-mortgage-firm-mr-cooper-laid-off-almost-700-employees-as-loan-demand-sank/