Mortgage fintechs Sales Boomerang and Mortgage Coach reduced employee headcount by at least 20 this month as the industry struggles to stay afloat amid mortgage lenders rightsizing during one of the most challenging times.

Workforce reduction came on October 20, and eliminated positions include director of marketing, two enterprise account managers, one enterprise sales manager, content marketing manager, senior enterprise sales manager, head of talent acquisition, product designer, project manager and software engineers, according to a list of employees who were laid off, which was reviewed by HousingWire. 

Sales Boomerang and Mortgage Coach declined to comment on the size and reason for details ⇒

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