Final figures will be confirmed once the license renewal grace period ends in February. But early analysis suggests that at some point in 2025, more producing LOs were active than the year before. The LO population rose during the pandemic as historically low mortgage rates fueled refinancing and purchasing activity. At its peak, the producing […]
Layoffs were confirmed for the first time in a X message from Office of Management and Budget (OMB) Director Russell Vought who wrote“The RIFs have started.” The layoffs came just over a week after the government shutdown. No previous lockdown has led to such action; Normally, laid-off workers return as soon as the government reopens. […]