Tag Archives: jobs

Mortgage jobs post first two-month decline since 2019

Jobs at non-depositories active in housing finance in March declined for two months in a row for the first time since 2019, according to Bureau of Labor Statistics estimates. The number of people on nonbank mortgage-banker and broker payrolls fell to 422,100, compared to 426,200 the previous month and 428,000 in January. Those numbers confirm […]

Texas-based USAA Bank to cut more than 90 jobs

It’s unclear if the San Antonio-based company has notified the Texas Workforce Commission of the cuts as required by the Worker Adjustment and Retraining (WARN) Notification Act. The labor law is designed to protect employees by providing for a 60-day notice of mass furloughs. According to Investopedia, the company was founded in 1922 as a […]

UWM vows not to cut jobs despite profit hit

Read next: Santander: what’s behind banking giant’s job cuts? Indeed, company officials said they were still hiring although at a slower pace than last year. “Our staffing levels have naturally migrated a little bit lower,” UWM’s CFO Tim Forrester said. “Because we’ve managed our head count and our hiring rate, our overall head count is […]