For the second time this year, Movement Mortgage LLC is conducting a round of layoffs. The latest job cuts are tied to production. But the home lender still maintains its plans to expand.

In February, Movement revealed that it was eliminating 75 operational jobs at three locations including at its Indian Land, South Carolina headquarters.

At the time, the rising star said that despite the job cuts that were tied to the elimination of a specific loan program, it still planned to add 900 people this year.

Source: Mortgage Daily