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Last Updated April 19, 2018 7:39 PM Central


Chase DC Expansion Includes Mortgages
A planned expansion in the Washington, D.C., area by JPMorgan Chase & Co. will bring thousands of new jobs, including mortgage positions, to the region.

KeyBank Hires 100s of Mortgage Originators
Following the acquisition of another bank two years ago, KeyBank has hired hundreds of loan originators to build on the home-lending business that came with the purchase.

Earnings Jump at BofA as Originations Sink
Quarterly earnings climbed at Bank of America Corp., while home-lending activity tumbled. The company stopped reporting mortgage earnings and servicing.

PNC Mortgage Originations, Servicing & Assets Fall
Company-wide earnings improved at The PNC Financial Services Group Inc. But mortgage originations sank, while residential servicing and assets were diminished. Staff expanded.

Mortgage Revenues, Originations Sink at Citi
A marked decline was recorded for quarterly mortgage revenues and originations at Citigroup Inc. The company continued to reduce residential servicing and assets. Company-wide staffing was unchanged.

Chase's Mortgage Earnings Jump on Servicing
Company-wide quarterly earnings soared at JPMorgan Chase & Co., while mortgage income jumped on soaring servicing revenue. Loan originations sank, and servicing dropped.

Wells' Mortgage Lending Tumbles, Servicing Down
Quarterly company earnings fell from a year earlier at Wells Fargo & Co., as did mortgage earnings. As home lending volume sank, the mortgage servicing portfolio was reduced. Staffing expanded.

Chase Expanding in Dozen States
An expansion of its branch network in a dozen states will enable JPMorgan Chase & Co. to provide more financial products to its mortgage borrowers.

Mortgage Jobs Expand, Bond Yields Decline
Not only did the number of non-bank mortgage jobs expand on a monthly basis, but a weak overall jobs report has bond yields -- and potential home loan rates -- lower today.

Mortgage Jobs, Servicing Grow at Lake Michigan CU
Although quarterly and annual home lending retreated at Lake Michigan Credit Union, the servicing portfolio and mortgage staffing both expanded.


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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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