Charlotte, N.C.-based LendingTree became the latest mortgage company to lay off Orange County workers on Friday.
The company, which runs a site for borrowers to search for loans, said it laid off 20% of its workers nationwide. The cuts came in Irvine, Charlotte and Jacksonville, Fla.
LendingTree declined to say how many Irvine workers were impacted, though the number could be around 150.
The company, part of New York-based IAC/InterActiveCorp., blamed the slumping mortgage market for the cuts.
Earlier this week, Irvine-based mortgage investor Impac Mortgage Holdings Inc. let go of 120 local workers, the result of housing and mortgage slowdown.
At the start of May, bankrupt subprime lender New Century Financial Corp. said it was laying off 2,000 workers after failing to find a buyer for its loan making business.
