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Last Updated March 6, 2015 1:56 PM Central


Walter's Loan Production, Earnings Tumble
Full-year production totals were up for Walter Investment Management Corp. despite a slower fourth quarter. Earnings swung to a huge loss.


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Best Mortgage Employers
Several mortgage-related firms made a prestigious list of the hundred best U.S. employers, with one having made the list a dozen times now.

Mortgage Employment Sinks
The first month of the new year brought with it disappointing news about mortgage employment. Jobs data for other industries, however, was more optimistic.

Dozens of Job Cuts at Wingspan
More than a hundred mortgage servicing employees located in the state of Louisiana are being laid off by Wingspan Portfolio Advisors.

First Choice's New Lending Falls in Final Quarter
In the last quarter of 2014, new business fumbled at First Choice Loan Services Inc. As well, the mortgage provider showed fewer team members on its end-of-year roster.

BofA Cuts FL, TX Mortgage Servicing Jobs
In a sign of continued improvement in home loan performance at Bank of America Corp., more servicing jobs are being cut. The latest rounds are in Florida and Texas.

Guaranteed Rate Originations Up from Year Earlier
Guaranteed Rate Inc. made year-over-year gains in quarterly mortgage production and quarter-over-quarter gains in servicing.

Navy FCU Raises Originations, Servicing
For the third consecutive quarter, residential loan production at Navy Federal Credit Union has increased over the prior period. Servicing also made gains, but staffing lost ground.

Prosperity Home Mortgage Originations Decline
Prosperity Home Mortgage LLC reported slimmer origination activity in the fourth-quarter 2014 and revealed a leaner workforce.

Employees v Mortgage Employers
A class action settlement rejected over excessive attorneys' fees, a state supreme court decision in favor of a lender whose worker was hit by a car while on a break and the ability of a federal agency to reverse itself without notice are the themes of this round of mortgage employment law cases.


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.
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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