Today's Fresh Blogs...

• Aegis Mortgage Corporation Lays Off 1200 - Closing

  Published: August 9, 2007, 9:33 am

  Tags: Mortgage News, Mortgage Video, Mortgage Bubble, Mortgage Implosion, Mortgage Layoffs, Mortgage Bubble, Mortgage News

  Mortgage Implosion, Mortgage Layoffs, mortgage news, Mortgage Video ---Related Articles at Consumer Mortgage Reports:Mortgage Meltdown Brings The Total Mortgage Lender BK's To 50Mortgage Implosion Worries Wall StreetBanks Won't Sustain Long Term DamageGlobal Market Jitters - Part 1Global Market Jitters - Part 3 The Leverage BubbleGlobal Market

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• NovaStar to Cut 37% of Workforce

  Published: August 17, 2007, 12:48 pm

  Tags: Mortgage News Insight, Layoffs, Mortgage Meltdown, Nova Star, Subprime Contagion

  NovaStar Financial, which temporarily halted funding nearly two weeks ago amid the major disruptions in the secondary market, announced that they will be laying off nearly 40% of their workforce as demand for their mortgage products has declined precipitously. NovaStar is a primarily subprime mortgage lender. From Market Watch: Friday said it

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• Get Stuffed: Among the casualties of the Stuff shuttering: ...

  Published: August 20, 2007, 4:40 pm

  Tags: Get Stuffed, Layoffs, Maxim, Stuff

  Among the casualties of the Stuff shuttering: publisher John Lumpkin. [AdAge]

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• Helio lays off about 100 employees, says sales are bullish

  Published: August 30, 2007, 8:46 pm

  Tags: Helio, Layoffs, Mvno

  Filed under: CellphonesWe talked to Helio today and confirmed the reports that the MVNO is laying off about a hundred people from its workforce of about 700. According to Helio, most of the employees being let go were needed during its initial launch period (remember, Helio went official early 2006); about 80 jobs in regional field sales offices

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• NovaStar blood-letting continues; slashes retail force

  Published: September 4, 2007, 1:31 pm

  Tags: Mortgage News Insight, Layoffs, Mortgage Meltdown, Nova Star, Subprime Contagion

  Market Watch is reporting that NovaStar will slash another 275 jobs in its retail loan division as a proposed securities offering that would have raised at least $100 million for operating and funding capital fell through. In a cost cutting effort NovaStar will close 12 retail branches and trim 275 jobs. From Market Watch: NovaStar also said it

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• Mortgage Bankers Ailing?

  Published: September 4, 2007, 1:59 pm

  Tags: Mortgage Layoffs, Mortgage News, Mortgage News, Scme, Closures, Layoffs, Branch, Branches, Bankers, Occurred, Unload

  there have been a number of layoffs and branch closures at SCME Mortgage Bankers Inc. over the last two days. The layoffs and branch closures occurred late Thursday and Friday in response to warehouse lenders restricting their credit lines. It has been reported that SCME closed their Encino (CA) and Sacramento branches and cut 60% of the jobs

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• First American to Cut 1,300 Jobs

  Published: September 4, 2007, 11:59 am

  Tags: Home Sales, Mortgage Layoffs, Mortgage News, Mortgage News, Insurer, Jobs, Downsizing, Protects, Agreeing, Reacting, Landamerica, American

  month. Home Sales, Mortgage Layoffs, mortgage news ---Related Articles at Consumer Mortgage Reports:Mortgage Bankers Ailing?President Bush Announcement To Address Housing and Financial MarketsPreview Of Ben Bernanke And The Federal ReserveTransnational Suspends Wholesale OperationsIndymac Hires 600+ From American Home MortgageHSBC Cuts 600

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• 88,000 Financial Workers Have Lost Their Job In 07

  Published: September 5, 2007, 1:01 pm

  Tags: Accredited Home Lenders, Coutrywide Financial, Mortgage Layoffs, Mortgage News, Mortgage News, Challenger, Workers, Basically, Lost, Jobs, Woes, Dime, Outplacement

  Financial, Mortgage Layoffs, mortgage news ---Related Articles at Consumer Mortgage Reports:Accredited Won't Make New Loans, Revamp to Cut 62% of JobsMortgage Bankers Ailing?First American to Cut 1,300 JobsShares of Mortgage Lenders and Financial Brokers RisingWho Will Benefit From The Mortgage Bubble?No Closing Cost Mortgage? Banks Take

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• Countrywide Cuts 900 More Jobs

  Published: September 6, 2007, 1:02 pm

  Tags: Mortgage Layoffs, Coutrywide Financial, Mortgage Defaults, Bank Of America, Foreclosure Market, Mortgage News, Mortgage News, Countrywide, Elimination, Struggling, Cuts, Positions, Employs, Production, Latest

  month. The latest mortgage layoffs came in response to the troubled housing market and economic conditions, Countrywide said in a statement. “Countrywide has always aligned its organization to best serve the needs of its customers and reflect the market and economic conditions in which we operate”. The company employs about 60,000

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• Credit Woes And Mortgage Crisis Spurs Layoffs

  Published: September 7, 2007, 2:01 am

  Tags: Mortgage Layoffs, Credit Deterioration, Mortgage Video, Lenders Problems 2007, Mortgage News, Mortgage News, Cit

  With Problems 2007, Mortgage Layoffs, mortgage news, Mortgage Video ---Related Articles at Consumer Mortgage Reports:American Home Mortgage Files for BankruptcyThe Worst Housing and Mortgage Market in 25 Years2 More Mortgage Lenders Step DownDelta Closes Wholesale Offices CIT Group (CIT) Reports That It Will Be Able To Ride Out Credit

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• Countrywide Layoffs 12,000

  Published: September 8, 2007, 1:15 am

  Tags: Financial, Business, Countrywide Firing, Countrywide Layoffs, Countrywide Financial Corp, Fannie Mae, Federal Housing Administration, Freddie Mac, Home Mortgage Lender, Mortgage Production, Subprime Lending, Subprime Mortgage Lender

  firing, countrywide layoffs, countrywide financial corp, fannie mae, federal housing administration, freddie mac, home mortgage lender, mortgage production, subprime lending, subprime mortgage lenderDid you enjoy reading this post? Buy me a nice cup of coffee to fuel my late night writing sessions and keep the content

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• Housing And Mortgage Woes Add To The Fear of Recession

  Published: September 8, 2007, 11:42 am

  Tags: Mortgage Layoffs, Home Sales, Housing Videos, Housing Market, Mortgage Video, Mortgage News, Countrywide Financial, Housing Market, Housing Videos, Mortgage News, Recession, Powered, Video, Countrywide, Financial, Bureau, Labor, Statics

  Housing videos, Mortgage Layoffs, mortgage news, Mortgage Video, Recession ---Related Articles at Consumer Mortgage Reports:President Bush Announcement To Address Housing and Financial MarketsHome Sales Fall In A Third Of US CitiesLuxury Home Sales Doing FineWhat Will Be The Direction of Presidents Bush And HousingWhat's Next for the Subprime

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• Start Packing: "Richard Zannino, the chief executive of ...

  Published: September 11, 2007, 10:30 am

  Tags: Dow Jones, Layoffs, Richard Zannino, Rupert Murdoch, Start Packing, Wall Street Journal

  "Richard Zannino, the chief executive of Dow Jones, prepared the way yesterday for job cuts at the company after its $5.2bn acquisition by Rupert Murdoch's News Corp. In a letter to employees of Dow...

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• Countrywide Shares Fall on Report Lender Needs Cash

  Published: September 11, 2007, 12:48 pm

  Tags: Countrywide Financial, Mortgage Layoffs, Lenders Problems 2007, Mortgage News, Mortgage News, Countrywide, Newspaper, Biggest, Post, Wachtell, Quoting, Alarmed, Lipton

  With Problems 2007, Mortgage Layoffs, mortgage news ---Related Articles at Consumer Mortgage Reports:Layoffs Grow At Countrywide FinancialHousing And Mortgage Woes Add To The Fear of RecessionCredit Woes And Mortgage Crisis Spurs LayoffsTransnational Suspends Wholesale OperationsImpac Mortgage Reduces Staff and Expenses 2 More Mortgage Lenders

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• Layoffs Grow At Countrywide Financial

  Published: September 10, 2007, 11:02 am

  Tags: Countrywide Financial, Mortgage Layoffs, Mortgage News, Mortgage News, Kpho, Countrywide, Layoffs, Grow, Phoenix, Arizona, Financial, Video, Kpho

  Play Video Layoffs Grow At Countrywide Financial KPHO Phoenix, Arizona - (KPHO) Sep. 08, 2007. 04:48 AM EST Countrywide Cuts Foretell Loss of U.S. Mortgage Jobs The worst U.S. housing slump in 16 years may lead the to elimination of almost 100,000 mortgage related jobs, more than double the number already cut this year. As

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