Bank of America cuts 114 Texas mortgage positions

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Bank of America is looking to cut 3,000 mortgage jobs before the end of the year to cope with declines in refinancing and in its portfolio of delinquent home loans, according to a source. Despite the cuts, Bank of America executives say the bank remains committed to its home city, and that its local workforce has stood at about 15,000 for a decade.

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Bank of America cuts 114 Texas mortgage positions posted 9:05 pm by & filed under Stockton Real Estate . Bank of america slashed 114 mortgage related positions from locations in North Texas, following a continuous decrease in delinquent mortgages.

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30 Many of today’s older women, who are more likely to have worked in poorly-compensated jobs. mortgage payment, owed an average of 131 percent of their incomes on housing costs. 53 Unaffordable.

Bank of America will cut roughly 3,000 jobs by the end of the year as the number of refinancing applications and troubled loans has fallen. It is part of larger industry pull back in response to.

Bank of America cuts 114 texas mortgage positions retreat Capital Management to cut 73 North texas jobs brena swanson is formerly the Digital Reporter for HousingWire.

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