Mortgage lender Newrez announces 187 more job cuts in Denver area

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Mortgage lender Newrez, based in Pennsylvania, said the latest layoffs will start Aug. 26 and will likely be permanent. The company notified the Colorado Department of Labor and Employment of the r…

A major mortgage lender with offices across the country is cutting 187 more positions from its office in Greenwood Village after having announced the elimination of a total of 420 jobs in two previous rounds of layoffs., based in Pennsylvania, said the latest layoffs will start Aug. 26 and will likely be permanent. The company notified the Colorado Department of Labor and Employment of the reductions in a Worker Adjustment and Retraining Notification dated June 27.

“We take all personnel decisions extremely seriously and are committed to supporting affected employees through this transition,” a Newrez spokesperson said in an email Wednesday.

 

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