"Recently, mortgage layoffs have been driven by a major decrease in refinance demand and a dwindling pool of eligible home buyers thanks to significantly higher mortgage rates.
I’ve seen a surge of user comments from former mortgage employees who have been laid off. Those are now being included on the list below.
Simply put, mortgage companies must “rightsize” as too many players chase far too few loans."
The executive class that makes the decisions within the home mortgage industry can clearly see the writing on the wall.
Our government's moronic mismanagement of Covid and the complicity of the Federal Reserve created a gigantic bubble and it led to the inflation that you see today (and will continue to see for the next several months). It did not help that the Democrats, some scummy Republicans and the entrenched bureaucratic class saw Covid and “Covid-aid” as a perfect way to remove a political foe from power. That foe and his supporters were deemed to be “deplorable” to use an HRC descriptor. Trump followers may have been "deplorable" but they sure as fuck beat the hell out of the imbecilic and braindead Biden and Hillary and Barrack "great American voters". I'm not sure if they are just young and gullible or if they are truly so fucking stupid that they should not be allowed to reproduce, much less vote.
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