Unemployed mortgage professionals should look into working in Billings, Mont., according to one workforce solutions provider. Adecco USA says it has demand for more than 200 mortgage professionals in that locale, which it said is one of the strongest job markets in the nation and has a low unemployment rate of 3.3%. Tasha Mills, Adecco's Billings branch manager, said, "the need for mortgage talent in the area is very hot right now. Mortgage professionals who were negatively impacted by the housing crisis are now in high demand again and should take the opportunity to apply for these great mortgage industry jobs now."
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The lender said it closed its Eleven Mortgage brand and its correspondent business to focus on retail, and did not elaborate on potential layoffs.
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Gold Star Mortgage hasn't said whether it suffered a data breach after cybercriminals claim to have compromised over 10,000 documents from the lender.
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The guidance reflects a mortgage servicing rights market that has broadly included the customer value in refinancing for over a decade, experts say.
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With little action towards privatization this year, the timeline in 2027 is also narrowing as the focus shifts to the 2028 election, Bose George said.
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The White House's top economist says inflation is already at the Fed's 2% target and suggested that further rate hikes could jeopardize growth.
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Self-employed borrowers account for 40.9% of the pool, but they are high earners and the pool has moderate leverage.
September 28








