PIMCO-Backed FGMC Lays Off Most Staffers

HousingWire, June 24, 2022–Flávia Furlan Nunes (subscription)
Mortgage lender First Guaranty Mortgage Corp. cut about 80% of its workforce on Friday and has stopped accepting new mortgage applications, HousingWire has learned. Former employees said the lender has “essentially shuttered.”
https://www.housingwire.com/articles/pimco-backed-fgmc-lays-off-most-staffers/?