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Quicken Adding Mortgage Bankers

Recent mortgage employment activity

April 9, 2009

By MortgageDaily.com staff


Mortgage bankers in three states are being recruited by Quicken Loans Inc., while employees at an FHA firm can boast that their employer among the best in its area. But some Texas employees aren't happy with IndyMac Federal Bank FSB.

Quicken plans to add 150 mortgage bankers over the next couple of months, a spokeswoman told MortgageDaily.com in a statement.

Most of the hirings -- 120 -- will occur in Livonia, Mich., where the company is based. Another 15 positions are open in Scottsdale, Ariz., while 15 mortgage bankers are also being recruited for Cleveland, Ohio.

Quicken, which says it is ranked as "America's largest online lender," was the only mortgage-related firm to make FORTUNE magazine's 100 Best Companies to Work For 2009.

In June 2008, Quicken laid off 250 mostly Michigan employees, though some -- as with the current hirings -- were in Arizona and Ohio. Current headcount is around 3,000.

In Tampa, Fla., Residential Finance Corp. reported Tuesday that it was selected as one of the Tampa Bay Business Journal's 2009 Best Places to Work. The FHA lender attributed its ranking to superior training, paid time off for charity work and company trips.

Residential Finance is based in Columbus, Ohio.

IndyMac, which was acquired by OneWest Bank Group LLC last month, plans to layoff 50 Texas employees, according to a Worker Adjustment and Retraining Notification filed last month with the Texas Workforce Commission. The layoffs will occur on May 18 in Austin.

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