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Last Updated November 20, 2017 12:56 PM Central


Who Are Best Mortgage Employers?
Within the real estate finance industry, some companies have earned the distinction of being the best employers among other similarly sized firms in their cities based on worker surveys. Others were recognized on a national basis.

Consumer Chief Fired by Wells Fargo
Wells Fargo & Co. has fired its head of consumer lending over communication he had with a former employee. The interaction didn't involve recent scandals at the bank.

Walter's Mortgage Originations to Keep Falling
Single-family loan originations moved lower for the third consecutive quarter at Walter Investment Management Corp., and a further decline is likely. The company set a target date for bankruptcy.

Mortgage Earnings, Originations Decline at Regions
Regions Financial Corp. reported that its mortgage originations declined, as mortgage earnings tumbled. The financial institution reduced the size of its servicing portfolio. Staffing subsided.

Lake Michigan CU Servicing Up, Home Lending Down
The size of Lake Michigan Credit Union's single-family servicing portfolio increased even as originations subsided.Mortgage staffing was trimmed.

Capital One Closing Mortgage Business
More than 900 employees in three states will be impacted from a decision by Capital One Financial Corp. to get out of the mortgage business.

PRMI Lending Slows as Servicing Slips
Residential loan production slowed at Primary Residential Mortgage Inc., as the servicing portfolio was trimmed, and the payroll was reduced.

Home Lending Jumps at Navy FCU, Staffing Soars
In addition to growing its residential loan servicing portfolio, Navy Federal Credit Union lifted its mortgage production and expanded its mortgage headcount.

Mixed Results at Ocwen as Servicing Diminishes
Ocwen Financial Corp. reported growth in mortgage assets and improvement in delinquency. Servicing, however, declined, while losses continued, and originations were mixed.

Mixed Results at Ocwen as Servicing Diminishes
Ocwen Financial Corp. reported growth in mortgage assets and improvement in delinquency. Servicing, however, declined, while losses continued, and originations were mixed.


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Mortgage Employment News | Employment Index | Employment Statistics
Job additions, layoffs and employment lawsuits. Employment data from the Department of Labor, state tracking, reports and analysis. Job finding tips.


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Mortgage Recruiting Newsletter
Tips about attracting and retaining top mortgage talent.
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Average Originator Stays With Same Employer Several Years
Loan originators tend to be a loyal bunch, with the average originator having been at the same employer for several years, according to the 2012 Loan Originator Survey.
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Loan Originator Income
Nearly 60 percent of the originators who participated in the 2012 Loan Originator Survey indicated they earn at least $100,000 annually.
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2013 Finance Employment Outlook
The 2013 Finance Employment Outlook from Monster looks at the future for employment in mortgage lending and other financial industry jobs. Mortgage Daily Publisher Sam Garcia is quoted in the report.
www.Monster.com



Mortgage Employment Index
Analysis of mortgage layoffs and hirings by state and by company from 2006 to present.
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Mortgage Employment Statistics



Q1 2013 employment lawsuits



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