Station Brief
BrieflaborSep 3, 2026

NAF lays off 160 employees in consumer direct division

New American Funding laid off 160 consumer direct employees as higher mortgage rates have put pressure on loan demand. New American Funding (NAF) has laid off 160 employees in its consumer direct division, the company confirmed to HousingWire on Thursday, as elevated mortgage rates continue to pressure lenders [1].

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Sources

  1. housingwire.com · NAF lays off 160 employees in consumer direct division Sep 3, 2026

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