Mortgage Bankers Association Cuts 16 Percent of Staff
The embattled Mortgage Bankers Association cut another 20 full-time staff positions yesterday, according to National Mortgage News.
The layoffs affected roughly 16 percent of its workforce, which has now been reduced by some 30 percent since last year thanks to ongoing contraction in the mortgage industry.
The latest cuts included four of its vice presidents, bringing the association’s workforce down Read more