Thanks to declining refinance activity, the long-awaited slowdown in originations is finally here with mortgage professionals starting to worry about their jobs. For now, it appears that most of the employment losses at least those at the megabanks have come in the area of back office workers, including loan processors and underwriters. But servicing and due diligence-related positions also have been cut because of improving loan quality. Mortgage banking firms shed 1,200 positions ...