Home » Short Takes: Mortgage Employed and Laid Off in the Hinterlands / Florida Lender Cuts Staff? / The Worst Mortgage Purchase in History / Wells Fargo Downgrades PennyMac, Nationstar / Interthinx Hires Former MBA Chair
Short Takes: Mortgage Employed and Laid Off in the Hinterlands / Florida Lender Cuts Staff? / The Worst Mortgage Purchase in History / Wells Fargo Downgrades PennyMac, Nationstar / Interthinx Hires Former MBA Chair
One mortgage recruiter noted that job losses in somewhat rural communities can be a big problem for workers. “Sometimes they’re the largest employer in town and there’s nowhere else to go,” he said.
The new FHFA director’s whirlwind first week resulted in widespread staffing cuts at the regulator and a dramatic change in leadership at the GSEs. So far, criticism has been muted.
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