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Mortgage Employment News


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Last Updated Monday, September 29, 2014 09:20 PM Central


More North Texas Mortgage Layoffs at BofA
A new round of layoffs in North Texas is just one of at least three in the region so far this year by Bank of America.

Digital Risk Says All Is Well
While recent coverage of Digital Risk LLC might have suggested otherwise, the company says all is well despite the upcoming departure of its two top executives.

CEO, President Both Leaving Digital Risk
Following the loss of a big client and a round of Florida layoffs, the top two executives of Digital Risk LLC -- who re also the founders -- are exiting the firm.

Dozens Laid Off at Digital Risk
Dozens of Digital Risk LLC employees in the Sunshine State are being let go as the company grapples with less business.

$3 Billion IPO is Biggest for Commercial Bank
A completed $3 billion initial public offering is the biggest for a U.S. commercial bank. Some of the proceeds will be used for mortgage recruitment.

Banks Drive Drop in Mortgage Jobs
Total mortgage industry employment was lower in the latest quarter as a result of a sharp drop at banks. Home lending jobs moved up, however, at credit unions and non-banks. North Carolina suffered more than any other state.

Service Providers Make Up Many of Mortgage Layoffs
As mortgage lenders respond to a changing marketplace with staff reductions, several service providers are finding themselves in the same position.

Mortgage Employment Opportunities
A number of mortgage firms have recently been recruiting new employees, and some of them have been ranked among the best employers in their respective locations.

Compliance Employees In Demand
Demand is strong at financial services firms for compliance officers and attorneys who can help companies adhere to a tidal wave of new regulations.

Mortgage Jobs Surge Despite Weak Jobs Report
While monthly job gains were weak among all U.S. industries, employment in the mortgage sector was stronger for the third month in a row.


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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.
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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