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Job additions, layoffs and employment lawsuits. Employment data from the Department of Labor, state tracking, reports and analysis. Job finding tips.

Mortgage Employment Opportunities

Recent hiring activity

Sept. 10, 2014

By SAM GARCIA Mortgage Daily

portrait of Sam Garcia

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.

In Santa Rosa County, Fla., Navy Federal Credit Union is considering expanding its office space by 40,000 square feet in a move that will accommodate an additional 300 to 400 employees, the Northwest Florida Daily News reported. The jobs would be just for two or more years while Navy completes development of a much larger, permanent facility in Escambia County.

Navy FCU recently reported to Mortgage Daily that it had 916 mortgage employees as of June 30. Company-wide headcount is around 3,000.

Information about job openings at Navy FCU is online at

Headcount at Fairway Independent Mortgage Corp. has reached 1,700 employees, an Aug. 18 announcement indicated. The Sun Prairie, Wis.-based firm recently reported that total staffing was just 1,500.

Bay Bancorp Inc. hopes to grow its mortgage division, which is being renamed Bay Bank Mortgage, from 27 people to 57, according to a story in the Baltimore Business Journal. The Baltimore-based company, which has already added eight new employees, originated around $150 million last year.

Information about careers at Bay Bancorp-subsidiary Bay Bank is on its website at

St. Louis-based Cornerstone Mortgage Inc. recently announced that it has been ranked by the St. Louis Post-Dispatch as one of the Top Places to Work in the St. Louis region for three consecutive years. Cornerstone claims it was the only mortgage banker on the list all three years.

Cornerstone said its staffing increased from 141 employees at the time of the survey to 165 as of July 1. Annual production is at $900 million.

Career information about Cornerstone is online at

More than 20 new employees have been hired in Pennsylvania during recent months, Mortgage Network Inc. announced last month. The new recruits include three executive managers.

Prospective employees can read more about staffing opportunities at the Danvers, Mass.-based firm at

For the second year in a row, Churchill Mortgage has been recognized as a Top Workplace by The Tennessean. Brentwood, Tenn.-based Churchill previously reported to Mortgage Daily that 292 people were on its payroll as of mid-year 2014.

Churchill provides employment information at

In Austin, Texas, a branch of Supreme Lending was ranked No. 2 by the Austin Business Journal among the Best Places to Work for small businesses in Central Texas, a recent news release said. The small business category includes organizations with between 21 and 50 employees.

Supreme, which is based in Dallas, provides job information at

The Orange County Business Journal has recognized Carrington Home Solutions LP as one of the Best Places to Work in Orange County, an Aug. 1 news release said. The Santa Ana, Calif.-based firm says it provides a full range of inspection, property preservation, maintenance and repair services to lenders, servicers and asset managers.

Wells Fargo & Co. increased its top commission rate for loan originators on July 1 to 70 basis points from 62 BPS as part of an effort to boost purchase production, Bloomberg reported. Lower tier payout rates were also lifted.

Sam Garcia founded Mortgage Daily in 1998 and became its full-time publisher in 2000. Prior to his news career he worked in mortgage lending for two decades.

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