Keller Mortgage is the latest lender to cut staff amid the changing real estate market. According to Housing Wire, kwx’s mortgage arm instituted “mass layoffs” last week, later confirmed by a company spokesperson.
“In light of macroeconomic market conditions, on Monday of this week we further restructured the mortgage operations group within our Keller Mortgage business,” Darryl Frost, said a spokesperson atKeller Williams.
As of October, Keller Mortgage had 111 active loan officers across 28 branches. No word on how many positions were eliminated.