Non-QM lender lender lays off three-fourths of workforce, saying it’s experienced “significant operating losses and cash flow challenges” and has been unable to obtain funding.
Source: Inman News
First Guaranty Mortgage cuts 76% of workforce, leaving partners in lurch
Published in FGMC, First Guaranty Mortgage, First Guaranty Mortgage Corp., Industry News, layoffs, Mortgage, non QM, pimco, qualified mortgage and Select
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