Banks to Unemployed: "Help Wanted"
July 12, 2010 by admin
Filed under Career News and Advice
Banks are showing some signs of emerging from their job-freeze mindset, especially in the area of mortgage lending. While the home loan market is weak right now, banking analysts expect things to pick up in 2011 and 20102 — and they want a steady, capable workforce in place to meet that demand. The quickest path there is through a big uptick in loan specialist hires.
You wouldn’t think that would be the case, given the news that Wells Fargo (Stock Quote: WFC) was shedding 3,700 jobs, most of them in its home lending unit. Oh, and then there’s the fact that new-home sales were down by 30% in May, according to the National Association of Realtors.
But banks are keeping the porch light on in case buyers come back to the housing market. …
Read the original article at Mainstreet