Employee retention

Mortgage originators are still struggling with profitability, and getting their income and costs to pencil out could mean the company's survival.

An emphasis on camaraderie helps this team become more relationship-minded with each other, their clients and their community.

Depending on how far rates fall, loan officers could be on the hook for a significant part of their compensation if borrowers refinance in an expedited period.

Direct-to-consumer may not fare as well going forward if a purchase market prevails, and some cross-pollination between depositories and nonbanks could occur.

Until employers rethink their policies and benefits, the challenges of the Great Resignation on businesses and employee well-being will persist.

The lender’s latest announcement comes one month after it laid off a third of its staffers in March and 900 employees in December in a disastrous Zoom call.

A “small number” of the more than 3,000 workers were affected by the snafu, the company said.

The lender is cutting approximately 3,000 employees in both the U.S. and India three months after its notorious December firing.

More company leaders have resigned as Better.com continues to pursue new executives in an attempt to fix its internal culture.

The lender and servicer cited negative media coverage over two dozen times in a filing describing the fallout of CEO Vishal Garg’s mass layoffs in December.