BankUnited stops making retail mortgage loans, lays off workers

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BankUnited stops making retail mortgage loans, lays off workers – A security guard looks out the door of a BankUnited branch in South Miami in this Miami Herald file photo. PATRICK FARRELL MIAMI HERALD BankUnited has stopped offering retail residential mortgage.

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We want to make sure we can do it for them seamlessly.” Investment bank head Staley laid. and auto loans in 2009, up from $20.4 billion the year before. “It is just going to take a little bit of.

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Mortgage Lenders Lay Off Workers [Oct 29, 2007.] The mortgage industry has been hit hard by layoffs recently – the result of the nation’s massive housing crisis. The consulting firm known as Challenger, Gray & Christmas Inc. reports that more than one-third of the 71,739 announced layoffs in September came from the mortgage sector.

ST. PETERSBURG – Mortgage Investors Corp. laid off nearly 500 workers, including 256 in its st. petersburg headquarters, and stopped making new home loans in a stunning pullback Monday.

Since the start of the year, more than 40,000 workers have lost their jobs at mortgage lending institutions, as companies respond to the deep downturn in the housing market. Meanwhile.

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Coping with debt when you’re laid off.. Creditors may agree to ease loan terms when workers need the help to survive a jobless spell.. When laid-off workers call before they’ve missed a.

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