The Real Deal Miami

Hirings outpace layoffs at mortgage firms

August 10, 2009 05:07PM

There were 8,000 more hirings than layoffs at U.S. mortgage firms in the second quarter, according to the second quarter mortgage employment analysis by, a Web site for mortgage industry professionals. Lenders laid off 3,229 employees in the second quarter but hired more than 11,000. JPMorgan Chase had both the highest number of mortgage-related layoffs and the largest number of hirings. Geographically, the greatest number of layoffs was made in North Carolina, and the largest number of hirings were done in Texas. TRD