National Mortgage News: Nonbank Mortgage Hiring Picks up as Lenders Prep for Homebuying Season

On June 1, 2018, Total Expert was featured in National Mortgage News.

Seasonal hiring gave employment among nonbank mortgage lenders and brokers a boost in April and partially reversed an earlier decline despite growing signs of consolidation in the industry.

Nondepository origination firms employed 338,100 workers during the month, according to the Bureau of Labor Statistics. That improves on an upwardly revised 337,400 jobs in March but is still below higher employment levels in February, BLS estimates show. In April 2017, there were 332,100 full-time workers in the nonbank mortgage industry.

Read the full article in National Mortgage News.