Success Lending to Lay Off 121 Workers in November

Success Lending will permanently shut down and lay off 121 employees in November. The joint venture between eXp World Holdings and Kind Lending is winding down operations. Owners are now exploring a new mortgage venture with Newrez.

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EXP WORLD HOLDINGS INC and Kind Lending will lay off 121 employees from their mortgage joint venture on November 2. The job cuts affect 21 local staff and 100 remote workers reporting to the Schaumburg headquarters. The closure follows a mutual decision by the parent companies to wind down operations in the United States.

Winding Down the Venture

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