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Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstallBenchmark Mortgage, the Plano-based trade name of Ark-La-Tex Financial Services LLC, is exiting its Eleven Mortgage wholesale and correspondent lending division. The Dallas Business Journal reports that 82 permanent layoffs are expected to begin November 24, 2026. Benchmark says it will focus on retail lending; the announcement concerns the wholesale and correspondent business, not a stated closure of the company.
What Benchmark Mortgage is exiting
Eleven Mortgage is Ark-La-Tex Financial Services LLC’s wholesale and correspondent lending division. On September 25, 2026, Benchmark Mortgage announced it would leave that business and concentrate on retail lending, technology, and employees. The company described the decision as a way to simplify its operations and focus resources on retail.
CEO Norman Koenigsberg said: “Our decision to exit the wholesale and correspondent mortgage division was deliberate and strategic. It allows us to simplify our business, sharpen our focus, and align our resources around the areas where we believe we have the greatest opportunity — our retail business, and most importantly, our people.” (Company statement)
How many employees are affected
The Dallas Business Journal reported on October 2, 2026, that a September 25 notice filed with the Texas Workforce Commission lists 82 employees for permanent layoffs, expected to begin November 24, 2026. The publication said the cuts affect wholesale and home-office departments. The notice details are reported by the Dallas Business Journal; they have not been independently confirmed here.
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#1 Best Overall
The publication identified several of the listed roles:
- 16 underwriters
- Nine wholesale account executives
- Eight wholesale account managers
- Several leadership positions
What the company’s figures say about its scale
For context, the Dallas Business Journal reported that Benchmark originated $584.8 million in mortgage volume across 1,458 loans in 2025, representing 1.45% market share and an average loan size of roughly $401,000. These are the publication’s reported figures for 2025, not a projection of the company’s future retail business.
Rank #2
What remains unclear
The company’s announcement describes an exit from wholesale and correspondent lending and a focus on retail operations. It does not say Benchmark Mortgage as a whole is closing. The available reporting does not specify how the transition will affect individual borrowers, wholesale partners, or the company’s retail staffing.
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