Skip Nav
Travel
8 Secrets From Cruise Ship Employees
Wellness
11 Things Introverts Know to Be True
Productivity
I Tried Fika Every Day For 1 Week, and It Stressed Me the F*ck Out

Mortgage industry job loss

How Many Mortgage Jobs Were Lost in 2007?

The mortgage crisis was at the tip of everyone's tongues last year and many jobs were lost in the industry that literally lent itself to disaster. Can you guess how many mortgage jobs were eliminated in 2007?

Source

How Many Mortgage Jobs Were Lost in 2007?

How many mortgage jobs were lost in 2007?

Progress  
Around The Web
Join The Conversation
miacharro miacharro 9 years
what a pitty :(
Cris1192 Cris1192 9 years
That's an aweful lot of people
katejlogan katejlogan 9 years
I know that individual cogs in a large wheel don't have much control, but did anyone think that the non-stop escalation of housing values would continue forever? It was and is unrealistic that you can buy property and a year later have its value increase by 30% or 50% and be able to capitalize on that year after year. The only ones who capitalized were all the different companies processing paperwork and taking a fee here and a fee there. (hmmm, sounds like a credit card company) Now the entire country is paying for mortgages that should have never been given.
freegracefrom freegracefrom 9 years
I know a lot of people at banks that lost their job recently. Take a look at how many real-estate jobs were lost too! It's pretty much crippled our local economy.
ualili ualili 9 years
I know a number of people who have lost jobs because of the mortgage crisis - my mom was laid off twice in 2007, my brother once and my BFF twice, the second time right after Christmas!! Eek!
gooniette gooniette 9 years
A friend of mine lost her job last year. She was a mortgage processor. Luckily she got a pretty good lay-off package. I'm just happy I got out in 2006. It was just beginning to go downhill then.
nariyal nariyal 9 years
Yikes...
bellanatella bellanatella 9 years
WOW.
Lovely_1 Lovely_1 9 years
Got it right :) That's still A LOT of jobs though!
Magnolia Realty
Facts About Credit Cards
Investigating Mortgage Deals
How to Get a Lower Mortgage Rate
More Homeowners Taking in Roommates to Cover Mortgages
Financial Must Haves For First-Time Home Buyers
Why People Prefer to Rent
Three Lessons to Learn From the Housing Fiasco
Guidelines For First-Time Home Buyers
How Can I Afford to Buy a House?
From Our Partners
Latest Afforable DIY & Organization
All the Latest From Ryan Reynolds