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Mortgage Employment News

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Last Updated November 20, 2015 5:34 PM Central

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.

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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