California-based Owning Corp., a direct-to-consumer mortgage lender acquired by Guaranteed Rate in February 2021, is planning a workforce reduction amid higher mortgage rates and lower refinance volumes. According to a Worker Adjustment and Retraining Notification (WARN) notice submitted to the Employment Development Department (EDD) in California, the company cut 108 jobs in three rounds from February to April but intends to add […more]
Posted in: San Francisco
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