Several dozen positions are being eliminated by Stearns Lending LLC at a mortgage facility that is located in North Texas.
The Santa Ana, California-based mortgage banking firm has made a filing as required by the Worker Adjustment and Retraining Notification Act.
According to the notice, which was filed on Feb. 1, Stearns plans to layoff 85 employees in Lewisville, a sprawling suburb of Dallas.
Source: Mortgage Daily
