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Mortgage Employment News


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Last Updated Thursday, November 20, 2014 09:23 AM Central


Vigorous Growth at New American Funding
Compared to a year earlier, mortgage production nearly doubled at New American Funding. In addition, growth was nearly as strong for the firm's servicing portfolio and staffing.

PRMI Originations Edge Up
Quarterly mortgage production at Primary Residential Mortgage Inc. edged higher, while its servicing portfolio expanded. But the number of employees was trimmed.

Mortgage Production Inches Higher at First Choice
New business at First Choice Loan Services Inc. moved up modestly from the prior quarter. At the same time, the lender trimmed its mortgage staffing.

Across the Board Mortgage Growth at Navy FCU
Home lending activity increased at Navy Federal Credit Union, while the servicing portfolio grew and mortgage staffing expanded.

New Business Slides at BECU
BECU closed fewer loans in the third quarter than it did three months earlier. But mortgage staffing moved higher during the period.

Guild Grows Originations, Servicing and Staffing
Guild Mortgage Co. boosted quarterly loan originations, expanded its servicing portfolio and increased its staffing. Further growth is likely with planned acquisitions.

Bank Must Pay $1 Mil to Frmr Mortgage Executive
A bank in the Midwest has lost an appeal of a judgment requiring it to pay a former mortgage executive nearly $1 million.

Guaranteed Fundings Up as Servicing, Staffing Off
New lending activity made a healthy improvement at Guaranteed Rate Inc. But the size of the servicing portfolio and the number of employees moved lower.

Provident Funding's Lending, Servicing and Staffing Slip
Quarterly originations inched downward for Provident Funding Associates LP in quarter-over-quarter comparisons thanks to correspondent lending. Servicing and staffing totals also saw leaner figures.

Originations, Servicing Increase at Alaska USA FCU
Residential loan production at Alaska USA Federal Credit Union moved higher, as did the size of its mortgage servicing portfolio.


archive of Mortgage Employment News



Mortgage Employment News | Employment Index | Employment Statistics | Recruiting Newsletter
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.
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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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