Working for a mortgage company, a coworker asked when the rate hikes would lighten up due to fear of layoffs… any other mortgage workers fearing the layoffs?

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We’ve had a few rounds of layoffs already at my company. I have talked to a few previous colleagues at other companies and they aren’t doing nearly as bad as my current company though

I work for a mortgage company. I’m not too concerned but because I’m on the MSR side (MSR values increase with as mortgage rates increase). I’d think that mortgage servicing will need more bodies. Origination will likely be in the hurt box.

Hey one MSR manager to another (we are a small community), you still doing ok? Lost of sellers this year.

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