Millions Released for Displaced CA Mortgage Workers
The federal government has released its second multi-million dollar installment from a fund established for mortgage and banking employees laid off in California.
In February 2008, the U.S. Department of Labor announced a $5.6 million grant for the California Employment Development Department.
The funds were targeted for career counseling, skills training and other employment and training assistance.
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Mortgage Broker Jobs Contract
The number of people employed by mortgage bankers and servicers increased in the latest monthly employment report from the government. But the increase was not enough to offset mortgage broker job losses.
Best Mid-Sized Employers
Few mortgage-related entities ranked among a new list of the best medium-sized companies to work for. One that did, however, is hiring new employees at a healthy clip.
Mortgage Jobs Open in Several States
Several FHA jobs are open in Michigan, while a Florida-based financial institution is adding servicing and processing positions. A report on Texas employment found activity within the mortgage sector there.
Chase Hires 1,000s as Mod Activity Leaps
JPMorgan Chase & Co.'s banking business has approved more than 100,000 trial loan modifications during the past three months, and the company is pleased so far with first-payment activity. Thousands of new employees have been hired to handle increased modification and origination activity.
HUD Hiring Thousands
The secretary of the U.S. Department of Housing and Urban Development said the agency plans to hire thousands of new employees during the next few years.
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AIG Unit Cutting Mortgage Jobs
American International Group Inc.'s mortgage insurance subsidiary is reducing its workforce.
Over 1,000 N.C. Jobs Being Added
Mortgage employees in Mecklenburg County, N.C., who have faced their share of layoffs, are getting support from the state -- which is helping to fund more than 1,000 new mortgage positions.
Surprise Drop in Mortgage Jobs
Despite an increase in the number of brokers and thousand of open positions, monthly mortgage employment deteriorated in the latest government report.
Wells Adding Texas Mortgage Jobs
Wells Fargo Home Mortgage is recruiting 200 processors and servicing employees in the Lone Star State. A job fair is planned for tomorrow.
