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hsbc: Mortgage Job Cuts Surpass 38,000 - 08/22/07 03:15 PM
From Yahoo! Financial News:
Since the start of the year, more than 38,000 workers have lost their jobs at mortgage lending institutions, according to recent company layoff announcements and data complied by global outplacement firm Challenger, Gray & Christmas Inc. Meanwhile, construction companies have announced nearly 20,000 job cuts this year, while the National Association of Realtors expects membership rolls to decline this year for the first time in a decade.
The rest of the article can be read here.
I'm sure there's more to come. The lenders who are backed by investment banks are beginning to fall, as well as those backed by … (0 comments)
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Gareth Bourriague - Benchmark Mortgage
Baton Rouge,
LA
More about me…
Benchmark Mortgage of Louisiana
Address: 8704 Jefferson Highway, Suite B, Baton Rouge, LA, 70809
Office Phone: (225) 927-5282
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