What Should We Do With 125,000 Out Of Work Mortgage Bankers?

Add a Comment March 28th, 2008

Today CNNMoney profiles an out of work mortgage banker who has been sending out 10 resumes a day since he was laid off in Feburary. He just got his first interview.

This week, things are are looking up. Hager, a Jersey City, N.J., resident, went on one interview for a fraud investigator job at a mortgage insurance company and another for a position underwriting employee dishonesty insurance. Executives at the latter told him they’d make a decision within 10 days.
He doesn’t know what next week will bring.

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