Nationwide
New American Funding cuts 160 jobs
The reductions occurred during August and the week of the announcement; the company cited current mortgage-market conditions.
New American Funding is cutting 160 jobs, HousingWire reported on September 3, 2026.
New American Funding cut 160 jobs in its U.S. consumer-direct mortgage business.
Not yet known: when the layoffs take effect; exactly which roles are affected. Our sources do not say. If you know more, send us a tip.
Sources
How we verified this
Checked against the HousingWire news report on October 11, 2026: it names New American Funding and gives the figure we report (“160”). How we work.
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