Success Lending to Wind Down Joint Venture, Laying Off Illinois and Out-of-State Staff
SOURCEOFFICIAL FILINGIllinois Department of Commerce and Economic Opportunity· filed October 2, 2026View the filing ↗
What we know
Location: Schaumburg, Illinois (Cook County).
A WARN notice for this layoff is recorded on October 2, 2026.
Industry: Finance and Insurance.
Disclosed through an official WARN filing with the IL state workforce agency.
Summary
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.
Success Lending, LLC disclosed this layoff in an official WARN (Worker Adjustment and Retraining Notification) notice recorded by the IL state workforce agency on October 2, 2026. The notice covers 121 employees in Schaumburg, IL (Cook County), with the layoff effective November 2, 2026.
LayoffTalk has tracked 2 layoff events at Success Lending, LLC since November 2026, including 242 jobs documented in official WARN filings.
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Estimated figure based on a WARN filing. Not yet confirmed by Success Lending, LLC.
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