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Mortgage Employment News


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Last Updated May 23, 2016 9:52 AM Central


goodmortgage.com Hiring 100s
Now that it has been acquired by another company, goodmortgage.com has plans to add hundreds of employees in its hometown of Charlotte, North Carolina.

Small Round of Carolina Layoffs at Wells Fargo
A handful of mortgage employees at locations in the Carolinas have been advised by Wells Fargo & Co. that their positions are being eliminated.

Government Sues Guild Mortgage Over FHA Loans
Guild Mortgage Co. has become the latest target of the government in its witch hunt against lenders it claims improperly originate and underwrite government-insured loans.

Mortgage Firms Recognized as Best Employers
Several mortgage banking firms and two mortgage service providers have been recognized by local news publications as being among the best employers in their region.

Bank of America Cutting Servicing Jobs
As part of an ongoing strategy to reduce overall costs and streamline its operations, Bank of America Corp. has announced plans to layoff employees.

Wells Fargo Fighting Whistleblower Lawsuit
A former employee of Wells Fargo & Co. is suing the home lender in a whistleblower action. He claims he was fired for not lying to distressed borrowers.

Mortgage Staffing, Servicing Up at Navy FCU
Although mortgage originations subsided at Navy Federal Credit Union, the financial institution reported that its home lending staff expanded and its mortgage servicing portfolio increased.

Staffing Up, Originations Off at PRMI
Headcount finished the latest quarter higher at Primary Residential Mortgage Inc. But mortgage originations were lower, and the loan servicing portfolio was little changed.

Quicken Loans Hiring 100s in 4 States
Hundreds of employees are being recruited by Quicken Loans Inc. The job openings, which include a variety of positions, are for jobs in four states.

Ditech Adding Production Jobs in MO
Over a hundred employees impacted by Ditech Financial LLC's decision to shutter a servicing unit are being offered jobs in production, and more hirings are ahead.


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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.
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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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