Mortgage Daily

Published On: November 9, 2009

Job seekers in two states recently got a boost from local governments looking to grow their business base. In all, more than 350 mortgage-related hirings in three states were recently reported.

Default service provider Digital Risk LLC plans to add 260 Central Florida jobs under a deal announced in September by Florida Gov. Charlie Crist.

Digital Risk will expand its Orlando-area headquarters and invest at least $1.2 million in equipment, research and development. More than 250 of Digital’s 260 headquarters employees were reportedly present for a site visit by the governor.

“Given the tremendous concentration of mortgage professionals in the area and the talented graduates entering the market from both the University of Central Florida and Rollins College each year, we feel confident about our long range plan to grow here,” Digital Risk Chairman and Chief Executive Officer Peter Kassabov said in the statement.

More than 70 positions, including mortgage originators, were being filled in Southeast Michigan by Fifth Third Bank, published reports during September indicated. Jobs were being filled in Wayne, Shiawassee and Macomb counties.

The Lubbock Economic Development Alliance approved $115,000 in incentives for Capital Mortgage Services of Texas, which plans to add 37 local jobs with an associated payroll of $1.2 million, an October posting on the group’s Web site said.

The 23-year-old lender has reportedly benefited from federally mandated requirements requiring increased equity — an occurrence that has turned former competitors into customers.

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