Posted To: Pipeline Press

People can accomplish a lot in a day. And lenders are continuing to hire like mad dogs (if mad dogs had HR departments), especially non-bank lenders. The Mortgage Bankers Association reports that nonbank mortgage bankers and brokers’ collective payrolls expanded by nearly 2% on a consecutive-month basis and were up 9% from a year ago in the Bureau of Labor Statistics’ latest report. The industry employed an estimated 323,300 in July , preliminary figures show. (If anyone tells you, “A half a million people are in this business,” tell them to inform the BLS.) Speaking of jobs, a friend of mine who is homeschooling her kids told me, “My child just said ‘After March through June, and now this, I hope I don’t have the same teacher next year’…. I’m offended…(read more)

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Source: Mortgage News Daily