Tuesday, May 15, 2007

Busy Day for Me...Slow Day for the Blog

I actually had some work to take care of today, so I don't have much to post. Below are a couple of articles about the latest rounds of mortgage industry layoffs. Oh, and for all of you grumpy folks down the hall: Lighten up, would you? The walls are thinner than you think.

Talk of the bay: Subprime jobs were just on loan, turns out
"Subprime mortgage lenders gaveth Tampa many jobs during the housing boom, but the industry continues to taketh them away. The city's layoff toll rose to 778 on Wednesday when New Century Financial Corp. disclosed plans to cut 177 local staffers. The California lender, which filed for Chapter 11 bankruptcy protection in April, follows layoff announcements by Fremont Investment & Loan (301 jobs), H&R Block Mortgage (141), First NLC Financial Services (92) and AcuLink Mortgage Solutions (67)."

Orange County mortgage casualties
"First NLC Financial Services LLC, Orange. Reported 113 layoffs in March to the EDD."

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