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.