The volume of layoff notices by mortgage-related businesses has significantly slowed as of late, though the pace has remained robust among depository institutions.
In Rolling Meadows, Illinois, Bank of America Corp. is laying off 141 workers due to “consolidation,” a Worker Adjustment and Retraining Notification filing indicated.
The layoffs began on Sept. 4 and will be completed by Sept. 30, according to the July 11 filing with the Illinois Department of Commerce and Economic Opportunity.
Another 102 BofA employees in Hillsboro, Oregon, were laid off on Sept. 4, a WARN filing with the state’s Office of Community Colleges and Workforce Development said.
Seneca Mortgage Servicing LLC advised the New York Department of Labor
on July 20 that it was laying off 43 of its 267 employees in Elma. The termination date is Oct. 31.
Seneca
said that the dislocation was due to the “sale of mortgage servicing operations to Nationstar Mortgage Holdings Inc.”
Then, on Sept. 8, Seneca advised the state that another
two people are being laid off in Elma on Dec. 6.
A WARN notice filed with the Georgia Department of Economic Development by CoreLogic Inc. indicates that the mortgage data provider cut jobs in Atlanta.
In all, 36 employees of Irvine, California-based CoreLogic are being let go from Aug. 29 through Nov. 17.
Anchor Bancorp is terminating 141 employees at three locations in Wisconsin on Sept. 30, according to a filing with the Wisconsin Department of Workforce Development.
The layoffs at Anchor are due to its acquisition of Old National Bancorp.
The
Virginia Board of Workforce Development was advised by BB&T on July 27 that 61 Richmond employees were laid off that same day.
Fifty-eight people
people are impacted by job cuts in San Rafael, California, disclosed by Genworth Financial Inc. in a WARN filing with the state’s Employment Development Department.
In addition, Genworth offices in Richmond and Lynchburg, Virginia, eliminated 378 jobs in April and August, WARN filings with that state said.
However, none of the layoffs appear to be related to its Genworth Mortgage Insurance unit, as the only locations in the three cities apparently are long-term care insurance offices.
