DALLAS, Aug. 29, 2011 — (Source: The Sacramento Bee) – More than 2,000 mortgage jobs have been eliminated this year, according to the Second-Quarter 2011 Mortgage Employment Index from MortgageDaily.com. But falling rates and worsening loan performance could lead to increased hirings in the second half.

The index, which reflects hirings and layoffs tracked by MortgageDaily.com, was down almost 500 jobs in the second quarter. Nearly 5,000 hirings weren’t enough to offset more than 5,000 layoffs.

Source: The Sacramento Bee

Published: Monday, Aug. 29, 2011 – 3:09 am

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