Homebridge Financial Services is planning to lay off 139 employees in June.

 

Homebridge Financial Services is planning to lay off 139 employees in June.  The company's retail division was acquired by CMG Mortgage Inc. for an undisclosed amount recently.  According to the WARN notice filed, the layoff would affect mortgage loan officers, final docs associates, desktop support professionals, business solutions architects, and others.  The company's general counsel wrote in the WARN notice that it is terminating all its retail operations due to the acquisition.  The New Jersey-based company, which has over 1,600 associates, retained its wholesale divisions.