Banking & Finance  November 7, 2022

Mortgage lender lays off 100 in DTC as interest rates impact industry

This story first ran on BusinessDen.com, a BizWest news partner.

An Ohio-based mortgage lender is laying off 100 employees based out of an office in the Denver Tech Center.

CrossCountry Mortgage informed the state of the layoffs last week in a filing to comply with the federal Worker Adjustment and Retraining Notification Act.

The affected employees worked from CrossCountry’s office at 4610 S. Ulster St. in Denver. The company said in a late September news release that it had about 8,000 employees and nearly 600 branches in all 50 states.

In its notice to the Colorado labor department, CrossCountry didn’t provide a specific date…

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