Banks Drive Drop in Mortgage Jobs
Total mortgage industry employment was lower in the latest quarter as a result of a sharp drop at banks. Home lending jobs moved up, however, at credit unions and non-banks. North Carolina suffered more than any other state.
Service Providers Make Up Many of Mortgage Layoffs
As mortgage lenders respond to a changing marketplace with staff reductions, several service providers are finding themselves in the same position.
Mortgage Employment Opportunities
A number of mortgage firms have recently been recruiting new employees, and some of them have been ranked among the best employers in their respective locations.
Compliance Employees In Demand
Demand is strong at financial services firms for compliance officers and attorneys who can help companies adhere to a tidal wave of new regulations.
Mortgage Jobs Surge Despite Weak Jobs Report
While monthly job gains were weak among all U.S. industries, employment in the mortgage sector was stronger for the third month in a row.
Carrington Hiring Hundreds in Indiana
Hundreds of mortgage hirings are planned by Carrington Mortgage Services LLC in Indiana. Positions are available in production and servicing.
Navy FCU Raises Lending, Servicing and Staffing
Navy Federal Credit Union increased home lending over the first quarter. As well, mortgage servicing and employment were up.
Banks Expand Staffing, Increase Earnings
Even as the number of banks has diminished, staffing in the sector expanded from the previous quarter, and earnings improved.
Alaska USA Increases Lending, Servicing
Alaska USA Federal Credit Union made quarter-over-quarter gains in lending activity. While servicing also increased, the credit union lost some staff members.
Fannie Requiring Seller-Servicer Employee Screening
Prospective employees of companies that are approved Fannie Mae sellers or servicers will need to be screened for exclusion from a regulatory list.