Cobalt Mortgage

Reading the Cobalt Mortgage WARN Record

Federal WARN Act filings place Cobalt Mortgage on record with 2 notices covering 158 workers, spanning Sep 18, 2014 through Oct 13, 2014. Because the WARN Act only captures events that affect 50 or more workers at sites of 100+ employees, this count sits at the upper band of the employer's layoff activity — smaller reductions, contractor non-renewals, and voluntary separations are invisible to this dataset. The geographic footprint of 1 state, anchored in WA, in the Finance & Insurance sector, shapes which state workforce agencies received the filings and which state-level "mini-WARN" thresholds applied.

Averaging 79 workers per notice, Cobalt Mortgage's filings fall into a pattern that suggests targeted team or department cuts that still crossed the WARN reporting threshold. The 2 notices on file represent distinct events, each triggering a 60-day advance warning obligation that fed into state rapid-response systems.

For workers, the practical layer under these numbers is time: the WARN Act's 60-day notification window triggers eligibility for state unemployment insurance, COBRA health-coverage continuation, and rapid-response services from the state workforce agency that received the filing. Workers on WA-based Cobalt Mortgage notices should contact the WA workforce agency directly — response teams, severance negotiation guidance, and TAA (Trade Adjustment Assistance) screening move fastest in the days immediately following a notice. The record above reflects filed notices only; subsequent hiring, rescinded closures, or facility reopenings are not tracked by WARN disclosures.