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Some Mortgage Firms Still Hiring

Recent mortgage hiring activity

Nov. 15, 2013

By SAM GARCIA Mortgage Daily

portrait of Sam Garcia

Although the mortgage industry is losing jobs at a torrid pace, there still are a few mortgage-related firms out there that are expanding staffing. Three companies were recognized as some of the best places to work.

On Oct. 30, EverBank Financial Corp. disclosed in its earnings report that it would sell its default servicing platform to Green Tree Servicing LLC by the end of the year. A subsequent story from the Jacksonville Business Journal indicated that Green Tree will hire 500 EverBank employees as part of that deal. (Green Tree careers)

A Genpact Limited site in the Dallas-suburb of Richardson has added more than 150 employees since opening in April 2012, a Sept. 4 announcement said.

By the end of this year, over 150 more employees are expected to be on board at the location. Current job openings include senior loan processors, underwriters and junior underwriters. (Genpact careers)

Freedom Mortgage has seen headcount rise to 1,986 people as of mid-year from just 1,800 as of last year. The Mount Laurel, N.J.-based company has plans to add another 500 employees over the next year, Inside Mortgage Finance reported. (Freedom Mortgage careers)

Headcount at Churchill Mortgage grew to 340 employees as of June 30 from 303 as of Dec. 31, 2012. In September, the Brentwood, Tenn.-based firm announced that it continues to rapidly expand.

"Since January, the local lender has intensified recruiting efforts to meet increasing demand of borrowers across the country," the announcement said. (Churchill careers)

Churchill said in August that it added 11 new employees at branches in Mississippi, Tennessee, Texas and Virginia. Year-to-date hirings as of that point totaled more than 90.

The Orlando Business Journal reported in August that Digital Risk, which previously disclosed 112 layoffs planned for Boca Raton, Fla., planned to add more than that number by the end of the year in Central Florida. Out of 600 jobs expected to be created by 2017 in Seminole County, Fla., 300 are expected to be created this year.

Nine hirings were announced by Real Estate Mortgage Network Inc. on Aug. 28. The new employees are located in California, Colorado, Connecticut and Florida. Headcount at REMN, which originated nearly $5 billion last year, stood at more than 1,300 as of the announcement date. (REMN careers)

In North Sioux City, Iowa, Alorica is hiring 75 employees, SiouxlandNews.com reported. More than half of the new recruits will reportedly handle inbound mortgage service calls. (Alorica careers)

Several job openings are being advertised by Impac Mortgage. A statement last month from the Irvine, Calif.-based firm indicated that the open positions are in its correspondent lending division. (Impac Mortgage careers)

Residential loan originators are being recruited by Universal Lending Corp. for its Billings, Mont., branch. The company promises an "aggressive" compensation plan with quarterly performance bonuses. (Universal Lending careers)

A new headquarters location in Lincoln, Neb., for Mortech Inc. is expected to house more than 50 employees, an Aug. 28 news release indicated. More than 40 are already on staff at the pricing engine. (Mortech careers)

Eight former employees of 1-800 East West Mortgage Co. were recruited by Leader Bank, N.A., according to an August announcement. The Massachusetts employees were displaced earlier that month when 1-800 East West halted production.

Guaranteed Rate, which previously reported that staffing has grown to 2,803 employees as of Sept. 30 from 2,391 as of the end of last year, announced that it was recognized by the Chicago Tribune as one of Chicago's Top Workplaces. More than 1,300 of its employees are located in the Windy City.

Another company recognized by the Tribune was Fay Servicing. The newspaper designated the Chicago-based servicer as one of the Top 100 Workplaces for 2013, an announcement last week said.

Fay said the designation was based on employee surveys.

In Oregon, Summit Mortgage Corp. said it was selected as one of The Oregonian Top Workplaces for 2013. The selection was reportedly based on an employee survey is conducted by WorkplaceDynamics LLP.


Sam Garcia founded Mortgage Daily in 1998 and became its full-time publisher in 2000. Prior to his news career he worked in mortgage lending for two decades.

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