Bucking the Trend: Detroit Lender Looking to Boost Staff
A local Detroit mortgage company said Friday that it's actually looking to hire up to 100 additional employees -- a surprising sign of growth in a local economy that has just been decimated by foreclosure activity. Shore Mortgage, which operates four locations throughout the Detroit metropolitan area, said that the company is looking to hire underwriters, loan officers and support personnel -- a 30 percent bump in staffing. Counter to the industry trend toward downsizing and layoffs, Shore Mortgage, CEO Robert Rahal said his company's long-standing focus on the FHA and GSE markets is paying dividends in the changing origination landscape. For more information, visit http://www.shoremortgage.com.