A Plano-headquartered mortgage lender has notified the state that it will eliminate 81 jobs as it winds down the part of its business that worked through outside brokers.
The Texas Workforce Commission's 2026 list of layoff notices shows a filing dated Sept. 25 from Ark-La-Tex Financial Services, the company that does business as Benchmark Mortgage, for a Plano job site in Collin County. The notice puts the layoff date at Nov. 24. (The state's spreadsheet spells the company name "Arl-La-Tex Financia Services.")
Industry outlet WRE News, citing the Dallas Business Journal, reported the total as 82 positions. Our count of 81 comes from the state's own list.
What is closing
In late September Benchmark said it was getting out of wholesale and correspondent lending, the channels it ran under the Eleven Mortgage name, and would put its money, leadership and technology into retail mortgage lending instead. Chief Executive Norman Koenigsberg called the exit "deliberate and strategic" in the company's announcement, according to WRE News.
Benchmark has not described the move as leaving the mortgage business; its retail lending continues.
Who is affected
According to WRE News, the jobs being cut include 16 underwriters, nine wholesale account executives and eight wholesale account managers. Senior posts are also on the list, among them the chief information officer and the president and a vice president of the wholesale division.
