New American Funding, No Longer in Growth Mode, Lays Off 240

HousingWire, Nov. 7, 2022–Connie Kim
California lender New American Funding issued pink slips to 240 employees last week, bringing the total cut this year to nearly 1,000. The force reductions come after two years of rapid expansion.
https://www.housingwire.com/articles/new-american-funding-no-longer-in-growth-mode-lays-off-240/