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Mortgage Employment News

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Last Updated July 2, 2015 8:49 AM Central

Mortgage Jobs Jump as US Unemployment Sinks
Estimated total monthly staffing in the mortgage industry jumped by more than 6,000 jobs. Meanwhile, employment across all sectors expanded, and the unemployment rate fell to the lowest level in more than seven years.

Stonegate Adding Direct Lending Jobs in AZ
Dozens of jobs in real estate finance are being added by Stonegate Mortgage Corp. in the Grand Canyon state.

Bank Mortgage Lenders and Originators Decline
Compared to a year ago, the number of financial institution mortgage lenders and their loan originators has declined, while non-bank lenders and originators have increased.

Discover Home Loans To Close Down
The home lending unit of Discover Financial Services has failed in its attempt to become the next Quicken Loans Inc. and will shut down.

Best Mortgage Employers
The results are in, and a number of mortgage-related firms are claiming the distinction of being recognized among the best employers.

Quicken Loans Hiring Hundreds in Arizona
Hundreds of open positions in the Grand Canyon state at Quicken Loans Inc. are expected to be filled relatively quickly.

CoreLogic Employee on Leave for Role in McKinney Melee
In addition to the resignation of the police officer at the center of the McKinney, Texas, controversy, CoreLogic Inc. has placed an employee on leave for her role instigating the incident.

Mortgage Firms Add to Payrolls
Several real estate finance firms have been recently adding to theirs staffs, with many of the new positions being in mortgage production.

CFPB Reaches YSP Settlement With 6th Lender
Just days after  disclosing a settlement with a lender over the use of yield spread premiums, the Consumer Financial Protection Bureau is at it again -- bringing to six the number of recent YSP-related settlements.

Rates Soar on Strong Employment Data
U.S. employers added more jobs last month than any month this year -- sending bond yields soaring. The strong results spilled over into mortgage employment.

archive of Mortgage Employment News

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.

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

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