Nonbank mortgage lenders and brokers cut 2,200 full-time employees from their payrolls in February, following a layoff of 2,000 workers in the prior month.

The Bureau of Labor Statistics reported Friday that employment in the nonbank mortgage sector fell to 296,800 in February from 299,000 in January. Still, compared to February 2015, the number of jobs in the nonbank mortgage sector is up by 13,000, or 4.3%.

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