#mortgagebanking

Silverton Mortgage is implementing layoffs following its integration with a larger homebuilder. This move is a direct consequence of the acquisition by Taylor Morrison, a company that also provides financial services. The affected positions are being eliminated as part of this strategic consolidation. This integration aims to streamline operations and leverage combined resources. The company is undergoing significant changes after the deal.

Atlanta, Georgia

https://www.bizjournals.com/atlanta/news/2026/11/02/silverton-mortgage-job-cuts-atlanta.html

it's essential to let some tasks fail to highlight the gaps in our process

14 MRs and 1 sales manager between STL and DAL impacted this morning. Mortgage getting more impacts today.

There has been no mention about RTO for mortgage. In fact, in NJ, PA and parts of NY, the closest hub is NYC which is way outside of the 30 miles everyone is talking about. Any word on this?

Today Us Bank Home Mortgage gave 216 employees on the call a 45 days left notice!! It’s beginning

I’m also hearing that it’s not just Mortgage being impacted. Please share any info.

Good luck everybody. I was thinking would hit if at all next month, but it’s here.

The previous post was removed for no good reason. No rules were violated in the OP.

So, let's try again.

When is Des Moines being shuttered, and why is it taking so long?

Des Moines was previously identified as a 'specialty' (i.e. not go-forward) location.

Surely someone knows something.

The mortgage operations could easily be shifted to other sites, so that can't be it. Not to mention that the CEO plainly stated that mortgages aren't this bank's future.