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USAA will be eliminating 265 home sales and lending positions, but it already has offered nearly 100 of the affected workers different jobs within its mortgage unit.
September 24 -
The CEOs of Fannie Mae and Freddie Mac are stepping down because the job they were hired to do — return the GSEs to profitability — is done. But attracting top-flight candidates to lead the mortgage giants into a new phase may not be easy.
September 24 -
The cuts are part of a broader effort to trim expenses by roughly $3 billion a year by 2020.
September 20 -
The deadline for mortgage lenders and servicers to sign up to participate in NMN's inaugural Best Mortgage Companies to Work For survey and rankings is Friday, Sept. 21.
September 20 -
Brian Brooks, the mortgage giant's general counsel, is leaving this week to head the legal team at Coinbase.
September 19 -
1st Alliance Lending plans to cut up to 35 employees in Connecticut and terminate efforts to expand its East Hartford headquarters in order to prepare for an expected increase in regulatory costs.
September 19 -
The migration to digital may change the way loan officers work, but it won't make them less essential: BofA Consumer Lending SVP John Schleck.
September 18 -
Shifting to digital processes requires rethinking staffing levels and responsibilities. Mid-America Mortgage CEO Jeffrey Bode outlines how his company has adjusted.
September 17 -
NMI Holdings is laying the groundwork for President Claudia Merkle to replace CEO Bradley Shuster next year.
September 14 -
Mortgage industry hiring and new job appointments for the week ending Sept. 14.
September 14