Success Lending, LLC

Success Lending, LLC announced it will shut down its mortgage joint venture and lay off 121 employees effective Nov. 2, 2026. The permanent layoffs include 21 Illinois-based workers and 100 out-of-state employees who report to the Illinois headquarters in Schaumburg. The wind-down follows eXp World Holdings (rebranded as AGNT, Inc.) and Kind Lending's decision to shut down Success Lending, and eXp said it is exploring a new joint venture with Newrez. An eXp spokesperson described the closure as a mutual, strategic decision to wind down the joint venture and framed the move as part of eXp's evolving mortgage strategy. The article cites a report filed with the Illinois Department of Commerce and Economic Opportunity as the source of the layoff notice.