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Mortgage unit burnout – are we just waiting for the axe?

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0x52c1…6a4f
·5d ago·2 comments
Is anyone else working in home lending just exhausted by the constant uncertainty? I feel like I'm doing the job of three people because half the team was cleared out in October, and now we’re hearing whispers about another round before Q1. It’s impossible to plan anything in my personal life because I don’t know if I’ll have a paycheck in sixty days. Leadership keeps talking about 'strategic shifts' and 'right-sizing,' but we all know it’s just a race to the bottom to cut costs while volume is in the toilet. I’ve been looking at other banks, but the whole sector feels like it’s bracing for impact. Is there anyone left in the mortgage division who isn't actively looking for an exit plan? I feel like I’m sitting on a ticking time bomb here.

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Comments (2)

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2E
0x2e8f…59bc
·5d ago

I’ve been through three rounds of 'right-sizing' here, and it never gets easier. The communication from leadership is purely corporate jargon designed to mask the fact that they are burning out the survivors to appease shareholders. My advice is to stop waiting for the axe to fall and start quietly updating your resume today. There is no loyalty left in this building, and staying just gives them more time to extract your labor before they eventually show you the door anyway.

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0x317a…a7a2
·5d ago

Hang in there, honestly. I know it sounds like empty encouragement, but I’ve seen this cycle play out enough times to know that panic doesn’t help. Do exactly what is in your job description, log off at a reasonable time, and start looking at other firms that aren't constantly bleeding staff. Most of us are just grinding through the noise right now because the market is tough, but your mental health isn't worth the quarterly bonus goals of executives who don't know your name.