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Home » Store » Taxable » Mortgage Industry Employment Falls for Third Straight Month Despite Some Lenders Hiring

Mortgage Industry Employment Falls for Third Straight Month Despite Some Lenders Hiring

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Mortgage industry employment fell again in May, according to the latest data from the Department of Labor. About 1,600 loan officers were dropped from the employment rolls in May from April, the third consecutive month of declining payrolls. The DoL’s Bureau of Labor Statistics reports that 500,000 people now work in the mortgage industry, about 4,800 less than February’s peak of 504,800. …
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