Several Mortgage Firms Ranked as Best Employers
Several mortgage-related companies have recently been recognized among the best places to have a job. Here are a few of them.
More Mortgage Servicing Layoffs at Wells Fargo
Less than a month after disclosing nearly 500 planned mortgage layoffs, Wells Fargo & Co. has advised more than a hundred California employees of their impending layoffs.
Lending, Staffing Up From Year Earlier at PRMI
Like many of its peers, Primary Residential Mortgage Inc. lifted mortgage production from a year ago. The payroll also expanded.
Help Wanted: Mortgage Loan Originators
The U.S. banking subsidiary of a Canadian bank is pushing deeper into the mortgage market with a new recruiting campaign.
Stonegate Eliminating Dozens of Branches
Dozens of retail mortgage branches are being closed down or sold by Stonegate Mortgage Corp. as it reduces expenses tied to retail originations.
McLean Mortgage Originations Down, Staff Inches Up
New home lending activity moved lower at McLean Mortgage Corp. The company, however, did manage to increase the size of its payroll.
Mortgage Production Slips at USA Mortgage
Quarterly home lending activity stepped back at USA Mortgage. The number of employees at the mortgage banker, however, increased.
Movement Mortgage Originations Leap
Solid quarter-over-quarter and year-over-year gains were made in originations at Movement Mortgage LLC. Staffing was also solidly higher, and servicing grew.
Originations Slip, Losses Widen at Walter
On trend with most of its peers, Walter Investment Management Corp. saw home loan production dip. Delinquency rose, and losses widened, but the servicing portfolio grew.
Mortgage Jobs Expand, U.S. Employment Strong
U.S. employers were aggressive about hirings last month, sending unemployment to a seven-year low. Mortgage jobs also fared well in the government report.