BankUnited stops making retail mortgage loans, lays off workers

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These nonbank lenders such as Quicken Loans, Freedom Mortgage and loanDepot claim they aren’t making risky loans, but are instead filling a void by offering home mortgages in just a few days.

BankUnited, the largest bank based in South Florida, stopped making residential mortgage loans to consumers and laid off some of its staff. Mary Harris, a spokeswoman for BankUnited, told the.

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.

 · If you were part of a company-wide set of layoffs, your first instinct might be to head to the local bar to wallow with your co-workers, or log onto LinkedIn or Indeed to start scouring the web for job openings. But before you focus on lining up your next gig, you might want to secure. Continue reading How to File for Unemployment When You’re Laid Off

West Palm Beach Legal Examiner – Credit & loan Pursuant to the terms of the merger agreement, PBCB, headquartered in West Palm Beach, will be merged with and into Seacoast Bank. Organized in 2008, PBCB has deposits of $281 million and loans of.

Cons. Poor management starting from Svp going down, No matter what is your job title as CLS,CSR, UW or FA, you will be asked to do things out of you job description just to keep you busy due to lack of business , No financial or professional improvement even you will hear it in person, meetings and getting emails about it. 2 majors lay off waves for 80% of the employees in 2 years.

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BankUnited wants to help you stay in your home. You may be eligible for homeowner’s assistance through various programs we offer. Learn More. Compare checking accounts Get the most out of your checking account with smart options that fit your individual checking needs.

In December, the Michigan Strategic Fund board voted to approve a $10 million loan for the demolition of the vacant site along Detroit’s riverfront to make way for future. 6,000 white-collar.

Bouts of unemployment, the housing crash, aid provided to distressed family members and mountains of student debt are some of the factors that respondents say are making it tough to save enough for.

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 · Capital One announced Tuesday it is permanently closing its mortgage and home equity business. capital One President Sanjiv Yajnik company announced the.

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The jail was laying off its only cook. “Prisoners in the county. Finally, it was revealed that the bank was securing a loan on the value of its building to make good on its commitments to.