Items Tagged with 'mortgage market'
Transition to impact roughly 40% of employees
February 12, 2014
Analytics and risk management specialist Digital Risk is moving as many as 740 employees in Florida to a 'hybrid' workforce model over the next 60 days, in a mass reclassification effort designed to deliver a more flexible workforce. The move represents roughly 40% of the company's employees, according to the Sun Sentinel, which originally reported the news.Read More
More proof of a changing mortgage industry?
December 30, 2013
Genpact Mortgage Services Inc., a wholly-owned subsidiary of Genpact International Inc., advised the Texas Workforce Commission this past week that it intends to lay off 65 employees – eight of them salaried workers, the rest hourly positions.Read More
The end result could be job losses in 2014
December 2, 2013
Compliance costs and falling mortgage production plague independent mortgage bankers. The end result may be looming job cuts in 2014.Read More
Insurance regulator says insurers can help, but underwriting remains key
November 21, 2013
Mortgage insurers experienced a period of great volatility after the 2008 housing bust, and those insurers that survived want a place in the future secondary mortgage market once the government-sponsored enterprises have been fully reformed.Read More
Short-term effects will not destabilize the industry
September 30, 2013
Unless both sides of the aisle can reach a compromise or one side folds, the government will have its first shutdown in 17 years, creating even more uncertainty for the already shaky mortgage market.Read More