Open Mortgage, a prominent player in the mortgage industry, made a significant decision to shut down its distributed retail channel recently. This move resulted in the unfortunate layoff of loan officers (LOs) and support staff members, signaling a major shift in the company’s operations and strategy.
Key points:
– Open Mortgage, a well-known mortgage company, made the decision to close its distributed retail channel.
– As a result, loan officers (LOs) and support staff members were laid off.
– This decision indicates a strategic shift in Open Mortgage’s operations.
You can read this full article at: https://www.housingwire.com/articles/open-mortgage-closes-distributed-retail-channel-will-focus-on-tpo/(subscription required)
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