My experience working at fifth third bank was great. As SARAH said on May 18, 2022 at 11:59 am & ANONYMOUS said on May 27, 2022 at 6:50 am. Ruoff Home Mortgage laid off 60+ people at corporate HQ in Fort Wayne, Indiana on May 11, 2022. Private Foundations in the Foundation Office at Fifth Third Bank Announce More Than $6.5 Million in 2022 Grants. Theyre also in the process of being aquired by NYCB. I do know that there were rumors about Academy selling, stirred up by a LinkedIn post by Anthony Casa, but Senior Leaders were deployed to shut the rumors down the day before the layoffs started. Before grand opening of new facility in November. Executives at Fifth Third Bancorp in Cincinnati outlined a major cost-cutting plan on Monday. Trying to find the link between Metrociti Mortgage Corp. and GMAC sometime around Feb 2003, or before. The national average salary for a Fifth Third Bank employee in the United States is $48,033 per year. Two years after acquiring RoundPoint Mortgage Servicing , Freedom Mortgage Corp. has inked a deal to sell the nonbank mortgage servicer to Matrix Financial . 1 week severance. Thanks. PRMG laid off more humans. When I search many of the Complete List postings, they are from a decade ago. I was thought I could get through this but that did not work out. So, broadly speaking, I would say no, no big changes in expense management. How to Get a Mortgage: From Start to Finish. A lot of hard-money/private lenders have laid off employees. The bank launched an aggressive branch expansion plan in 2018, saying it would open as many as 400 brick-and-mortar offices in markets such as Boston, Philadelphia and Washington. Prospect Mortgage acquired Indymac branches PSM Holdings, Inc. acquired Brookside Mortgage LLC Public Savings Bank shut by FDIC Pulte Homes 2,000 layoffs Pulte Mortgage layoffs Pulte Mortgage shutting Charlotte processing center, nearly 90 layoffs Putnam State Bank shut by FDIC Quality Home Loans filed for bankruptcy, sold to hedge fund manager Michael Klein Quick Loan Funding layoffs, now reported closed Quicken Loans suspended new hiring during the crisis Quicken Loans layoffs (250 jobs cut in 2008) Quicken Loans subsidiary In-House Realty purchased OpenHouse Realty Quicken and RockBridge acquired One Reverse Mortgage QuoteMeARate.com Inc. closed QHL Holdings Fund Ten LLC filed for bankruptcy R-G Premier Bank of Puerto Rico shut by FDIC Radian (mortgage insurer) cut 7% of its workforce Radian Group bought Clayton Holdings Rainier Pacific Bank shut by FDIC Randolph Savings Bank cut 16 mortgage employees (8% of staff) RAMS Home Loans (Australia) warned of profit losses after only two weeks on stock market Randolph Savings Bank acquired First Eastern Mortgage Ravenswood Bank shut by FDIC Reali acquired online direct mortgage lender Lenda Realty Mortgage shut down, 300+ layoffs Redfin cut workforce by approximately 7% Regions Bank acquired EnerBank USA Regions Financial Corp. sold wholesale lending division to M&T Mortgage Corporation Regions Financial Corp. exited correspondent lending channel Regions Financial Corp. closed warehouse lending unit Regions Financial Corp. shut Little Rock mortgage servicing facility Renasant Bank acquired FirstBanks wholesale mortgage division Renasant Corp. acquired Brand Group Holdings Renasant Corporation and First M&F Corporation merged Renovate America, Inc. laid off 71 in San Diego, CA Republic Federal Bank shut by FDIC Republic First Bancorp acquired Oak Mortgage Company ResiCentral Mortgage acquired One American Mortgage Residential Capital LLC filed for bankruptcy ResCap halts Dutch mortgage lending ResCap bankruptcy fears ResCap layoffs ResCap closed offices, cut 470 jobs Residential Capital LLC cutting roughly 1,000 jobs (GMAC company) Residential Finance of Columbus Ohio reportedly hacked 19 branches yesterday and a regional manager, per reader tip ResMae Mortgage Corp. cut 182 jobs in Brea ResMae Mortgage Corp. layoffs, bankrupt/for sale, closing Dallas facility ResMae Mortgage Corp. halted loan submission, cut over 150 jobs Residential Credit Solutions closed Fort Worth facility, 134 layoffs Residential Finance Corp. branch closures, layoffs, per Inside Mortgage Finance Residential Mortgage Capital suspends operations Residential Wholesale Mortgage, Inc. acquires Government Loan Center Resolute Bank shut by FDIC Resource Bank selling mortgage-related assets to Monarch Bank Resource Mortgage shuttered wholesale division Retreat Capital Management, Inc. cut 73 jobs in Dallas Reunion Mortgage shut wholesale office in Florida Reverse Mortgage Solutions Inc. closed office in Charlotte, 79 layoffs RFC layoffs Right Away Mortgage closed River City Mortgage to sell itself to Wintrust Financial Corp Riverside Bank of the Gulf Coast shut down by FDIC Riverside National Bank of Florida shut by FDIC Riverview Community bank shut down RockBridge Commercial Bank shut by FDIC Rock Holdings acquired majority stake in Lendesk Rock River Bank shut by FDIC Rooftop Mortgages (Bear Stearns UK mortgage unit) to close Rose Mortgage Corp. closed Rosemount National Bank shut by FDIC RoundPoint Mortgage cut 68 jobs in Rockville, Maryland RoundPoint Mortgage laid off 166 employees in Charlotte Royal Bank of Scotland laid off 24 employees in Stamford, CT Royal Bank of Scotland exited U.S. mortgage trading business, layoffs Royal Bank of Scotland cut about 300 jobs in mortgage trading business RPM Mortgage acquired Regency Mortgage Corp. Ruoff Financial (parent of Ruoff Home Mortgage) bought SBB Bancshares San Diego National Bank shut down San Joaquin Bank shut down San Luis Trust, FSB shut by FDIC Sanderson State Bank shut down by FDIC Santa Cruz Mortgage suspended operations indefinitely Santander Bank exited third-party mortgage business, 66 layoffs in Villanova, PA Satilla Community Bank shut by FDIC Saxon Mortgage wholesale closed, 1000 layoffs Saxon layoffs, closed correspondent unit Saxon Mortgage closed two loan servicing facilities in Texas, cut 680 jobs Saxon Mortgage Services cut 50 jobs in Texas SCB Bank shut by FDIC SCME ceases wholesale operations SCME Mortgage Bankers Inc. layoffs, branch closures Scottish RE large subprime exposure drops stock into dangerzone Sea Breeze Financial Services, Inc. Irvine, CA lender apparently closed Seaway Bank and Trust Company shut by FDIC Sebring Capital Partners closed Second Federal Savings and Loan Association of Chicago shut by FDIC Secured Bankers Mortgage Company halted operations Secured Funding closed Security Bank Corp. has six Georgia banks shut down by FDIC Security Bank, National Association shut down by FDIC Security Exchange Bank shut by FDIC Security National Servicing Corp. to cut 31 jobs Security Pacific Bank shut down by FDIC Security One Lending acquired OMNI Reverse Security Savings Bank shut down by FDIC Security Savings Bank, F.S.B. Thanks! i currently work for one of these companies and like to know how you know they will be cutting 60 people. Along with letting people go a day before end of month so that will not have to pay them bonus wages. An analyst with Wells Fargo, Mike Mayo, has predicted that U.S. banks would cut 200,000 jobs, or 10% of employees, over the next decade, the Financial Times reported Monday. What can I do to have this removed from title when the company no longer exists? Paid off mortgage in 2004 Washtenaw Mort. For years, Fifth Third Bank, a large regional bank based in Ohio, opened unauthorized accounts in customers' names as part of an aggressive sales strategy that foisted credit cards, online. Its big news. Unfortunately 1st Nationwide Mortgage closed down, and I have no contact with them due to their phones being shut down. No class. I believe HSBC shuttered Beneficial years ago during the crisis. Lately, Ive seen a surge of user comments from former mortgage employees who have been laid off. I have 23 years in the mortgage fulfillment industry and that didnt save me from the layoff ax. Sickening. shut by FDIC Seneca Mortgage Servicing LLC cut 43 jobs in Buffalo, NY Senior Lending Network no longer taking applications ServiceLink cut up to 53 jobs in Overland Park Seterus, Inc. shut mortgage servicing unit in Durham, NC, cut 310 jobs Shearson Financial Network to file bankruptcy Shelter Mortgage Co. cut 63 jobs in Milwaukee Sherman County Bank shut down by FDIC ShoreBank shut by FDIC Shoreline Bank shut by FDIC Silver Hill Financial cut 45 jobs Sierra Pacific Mortgage closed several branches Silver Falls Bank shut down by FDIC Silver State Bank shut down by FDIC Silver State Mortgage closed Silverton Bank shut by FDIC Sindeo closed its doors, majority of staff laid off Slavie Federal Savings Bank shut down by FDIC SoFi cut around 100 mortgage jobs SoFi cut 65 jobs at mortgage centers in Healdsburg, CA, and Cottonwood Heights, UT Solent Mortgage Services (UK) closing its door Solent Mortgage Services (UK) layoffs Solstice Capital (HSBC retail) halted lending, 130 layoffs Sonoma Valley Bank shut by FDIC SolutionsBank shut by FDIC Solutions Funding closed Southern Community Bank shut by FDIC Southern Star Mortgage cut wholesale lending Southern Star Mortgage halts loan origination Southshore Community Bank shut by FDIC Southstar Funding closed Southwest Bank acquired BMC Mortgage Services Inc. Southwest Community Bank shut by FDIC SouthwestUSA Bank shut by FDIC Sovereign Bancorp to cut 1,000 jobs Spectrum Financial Group files bankruptcy Springleaf Finance closed Irving, TX mortgage servicing center, 114 layoffs St. Stephen State Bank shut by FDIC Starpointe Mortgage closed State Bank & Trust of Fargo purchased Bell Mortgage State Bank of Aurora shut by FDIC State Bankshares Inc. bought The Business Bank of Minnetonka and its Prime Mortgage division Statewide Bank shut by FDIC Stearns Holdings LLC (parent of Stearns Lending) filed for bankruptcy Stearns Lending exited delegated correspondent lending, selling unit to Flagstar Stearns Lending acquired equity interest in Citywide Home Loans Stearns Lending cut 159 jobs in Orange County, CA Stearns Lending entered shared equity partnership deal with Certainty Home Loans Stearns Lending acquired wholesale, non-delegated correspondent, and consumer-direct businesses of Primary Capital Mortgage, LLC Sterling Bank shut by FDIC Sterne Agee Group Inc. acquired FBC Mortgage Steven J. Baum P.C. I dont, maybe someone who visits this page will. Shared on February 29, 2020. Near the railway station (Ouigo) and the airport, it is ideal for staying not far from the Convention Centre of Lille. I know Ocwen took over Aames because I had a loan for 132,000 and it was released by Ocwen, but there was a second mortgage which was never funded in the amount of 150,000 and Ocwen has no knoweledge of it. Lastly, its important to note that furloughs dont provide any sort of guarantee that youll bring an employee back. But we are committed over time.. Paramount Residential Mortgage Group/PRMG is cutting 30-35% of staff; there were two rounds of layoffs already on July 27th and a smaller on July 29th, New American Funding laid off hundreds on Tuesday August 2nd. All AFTER they received an influx of capital in the $175m range to better their proprietary LOS software; it didnt help!!! Commerzbank announced last week a plan to lay off 4,300 of its 49,000 employees in some areas, but will add 2,000 jobs in "strategic areas." A fifth of its branches will also be closed down in a strategy overhaul. Per Reuters, layoffs will affect less than 3% of employees. Need help with who acquired Advent Home Mortgage Corp/, West Chester, PA. At first glance, the ax-wielding appeared to be underway and widespread. A lot of STAR questions. is an indirect subsidiary of Fifth Third. Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. Funny, as the CEO was announcing this, hes still talking about Growing Happiness! Layoffs are coming to Fifth Third Bank in a number of departments, though it remains unclear how many workers will be impacted. The Rate Drop Protector program allows prospective homebuyers to purchase a home and . Shared on March . Between the first and second quarter of 2006 alone, mortgage repurchase requests also tripled thanks to shoddy underwriting that was prevalent during that era. They also implemented pay cuts for the remaining management team. The Stable Outlook reflects Fitch's view that FITB's performance in 2020 . Exempt employees are salaried employees who dont work hourly. RoundPoint Mortgage, a wholly owned subsidiary of Freedom Mortgage announced to employees on July 28 that they are shutting down their retail operations. Fifth Third Bank, N.A. Probably has something to do with their now-former corrupt CEO kissing *** on Fox Business whenever he has the chance. Whether youre laying people off or furloughing them, the choice is difficult. Fee income drop, pricier deposits lead to 1Q miss at State Street, M&T braces for office-related commercial real estate stress, Credit unions revise their approach to liquidity after bank-run crisis, House Speaker McCarthy proposes debt ceiling plan on Wall Street. 7 bankruptcy Liberty One Lending ceased operations LIME Financial Services (Credit Suisse wholesale) ceased lending LIME Financial Services, Ltd sold to Credit Suisse, downsized from 450 to 225 Lincoln Park Savings Bank shut by FDIC Live Well Financial, Inc. halted mortgage lending Lloyds TSB to buy Halifax Bank of Scotland for $22 billion Loancity closed 7 branches, shut down loanDepot and imortgage.com merged loanDepot acquired Mortgage Master, Inc. Loans 123 no longer taking anymore business London & Scottish Mortgages (LSM:UK) stopped accepting new applications Lone Star facing lawsuit over purchase of Accredited Home Lenders Lone Star to buy Bear Stearns Residential Mortgage Corp. Long Beach Mortgage Co. (WAMU) winding down operations Long Mortgage lost financing, parent First Magnus trying to dissolve unit Los Padres Bank shut by FDIC LowerMyPayment.com closed, mortgage lead company Lownhome Financial closed LRES acquired Lenders Choice Luminent layoffs, two default notices, selling equity stake to Arco Capital Corp. Luminent Mortgage filed Chapter 11 bankruptcy Lydian Mortgage shut wholesale, layoffs Lydian Private Bank shut by FDIC M&T Bank cut wholesale mortgage jobs M&T Bank acquired Hudson City Savings Bank, 384 layoffs MacQuarie Mortgages USA halts loan origination MacQuarie Mortgages USA laid off 69 employees McIntosh Commercial Bank shut by FDIC McIntosh State Bank shut by FDIC Madisonville State Bank shut down MagnetBank shut down by FDIC Main Street Bank shut down by FDIC Mainstreet Bank (MN) shut by FDIC Mainstreet Savings Bank shut by FDIC Mandalay Mortgage closed Marco Community Bank shut by FDIC Maribella Mortgage closed Maritime Savings Bank shut by FDIC Market Street Mortgage layoffs Market Street Mortgage to be broken up and sold in pieces, 53 layoffs Marlin Mortgage Company, LLC shut it doors Marshall Bank shut by FDIC Master Financial layoffs, ceased wholesale production Maverick Residential Mortgage reportedly closed MB Financial to stop mortgage lending, cut 500+ jobs MCAN Mortgage Corporation acquired Xceed Mortgage (Canada) MEM Financial Solutions filed for bankruptcy Member First Mortgage acquired Platinum Financial Funding Mercantile Mortgage ceased operations Meridian Bank shut down by FDIC Meridias Capital layoffs, rumors of employees not being paid Meritage Mortgage closed, staff employed by LIME Financial Merrill Lynch bought First Franklin Merrill Lynch to cut 4,000 jobs Merrill Lynch halted all lending at UK subsidiary Wave, layoffs Merrlin Mortgage Corp. acquired by Heartland Mortgage Co. MetLife halted reverse mortgage lending, sold servicing rights to Nationstar Mortgage Metlife shut down its forward mortgage division, 4,000+ layoffs MetLife acquired EverBank Reverse Mortgage LLC MetLife to buy First Horizon mortgage unit MetLife Bank cut 116 jobs in Irving, Texas Metro Bank of Dade County shut by FDIC Metrocities Mortgage now Prospect Mortgage Metrocities Mortgage stopped wholesale lending Metrocities Mortgage acquired Mortgage Services Unlimited Metro Pacific Bank shut by FDIC MCAP Financial (Canada) suspended subprime lending through its Eclipse division MGIC bought rival mortgage insurance provider Radian Group (abandoned) MGIC Investment Corp. cut 19 jobs at Milwaukee headquarters Miami Valley Bank shut down by the FDIC Michigan Mutual cut 68 mortgage jobs in Southfield Mid America Mortgage, Inc. to purchase assets of American Southwest Mortgage Corp. and American Southwest Mortgage Funding Corp. Sales folks jumping ship now. The $203 billion-asset Fifth Third intends to reduce expenses by $200 million in the first quarter of 2021, President and CEO Greg Carmichael said. Many business owners have already cut down on their workforce. Average Fifth Third Bank Salary $48,033 yearly $23.09 hourly Updated March 16, 2023 I dont know how many, but departments have been completely let go. Hard to know unfortunately but maybe start with HSBC. Like others above, we have a sale but title pulled up and outstanding lien and I found out the company was dissolved so I dont know where to go for help. Youve sustainedor anticipate sustainingsignificant revenue loss. 03/02/2023. The company expects to find the majority of those savings through initiatives including a 20% reduction in corporate real estate, renegotiation of vendor contracts and staff reductions. Fifth Third Direct User ID Password Forgot Your Password? Those can be viewed below the layoff lists at the very bottom of the page. The furloughed workers are on unpaid leave for an undetermined amount of time and keep their benefits. Hey Colin, Im not sure why you wont post about Amerifirst Financial Corporation? Prospect, IL. I see reductions for the next year which will erase all the profits and shut a lot of these entities down. Fitch Ratings - Chicago - 07 May 2021: Fitch Ratings has affirmed Fifth Third Bancorp's (FITB) Long- and Short-Term Issuer Default Ratings (IDRs) at 'A-' and 'F1', respectively. They have laid off 80% of their staff in the last few months. No class at all. You disgust me beyond measure! About $264 million in deposits were identified for sale. This time its including managers in all departments. NASB Home Loans just laid off about 37 of their 90 loan consultants and around 40 operations staff on November 3rd, 2022. Regardless, theyre not the great company I thought they were. Lendus formerly Rpm that had to pay a huge fine of 20mm to the cfpb finally folded. Not in bankruptcy? Bradley Mortgage Capital Corp. merged with State Mortgage W.J. AmeriFirst Home Mortgage laid off ~100 people. I can verify that Lennar Mortgage laid off 114 people on 1/6/2023, then two weeks later gave the ones left 2% to 4% raises and a lot of promotions with 10% raises. Anybody know the successor of First National Security Corp? People found out while they were working and their email was disabled. That said, you can't reduce salaried employees' work by the hour. Fifth Third shares are also attractively valued, trading at roughly 8.4 times Poonawala's fiscal 2023 EPS estimate of $3.16. 5050 Kingsley Dr. PO Box 740789. The 30 year mortgage was obtained in 2003 in Florida Property. At least 100 rumored layoffs at Supreme Lending headquartered in Dallas, TX since start of 2022. The stadium where the Dayton Dragons play is also . Number is unknown. You need to make dramatic cuts to maintain the viability of your organization. We havent made that commitment and we may not, given that it would just be mathematically very challenging. where do you get your info. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Cardinal Financial Company/Sebonic did 5 or 6 rounds of layoffs no including the 1st 2 rounds that started at Q4 2021. Next lay offs will be Saturday 8/24/22. Bradley Mortgage Capital LLC acquired Legacy Group Lending Inc. Waccamaw Bank shut by FDIC Wachovia halted wholesale lending, 11,000 layoffs Wachovia closed Equibanc, 115 layoffs in bay area Wachovia shut Waterbury, CT retail mortgage office, 65 layoffs Wachovia cut 50 mortgage processing jobs in Boynton Beach, FL Wachovia cut 240 mortgage and banking jobs in San Antonio Wachovia cut 200 positions in corporate and investment banking unit Wachovia reportedly closed four offices in Germany due to crisis Wachovia stopped offering mortgages at many branches, 600 layoffs Wachovia shut mortgage center in Tampa, 57 layoffs Wakulla Bank shut by FDIC Walter Investment Management Corp. acquired certain assets from Residential Credit Solutions Walter Investment Management Corp. acquired reverse mortgage lender Security One Lending Walter Mortgage Co. to wind down mortgage lending Warehouse USA closed Warren Bank shut down by FDIC WashingtonFirst acquired 1st Portfolio Washington First International Bank shut by FDIC Washington Mutual shut down WaMu stopped wholesale lending, 3,000 layoffs Washington Mutual layoffs, halting subprime lending Washington Mutual laying off 50 in Capital Markets Washington Mutual to cut 1,200 jobs Washington Mutual cuts Commercial Correspondent/Wholesale Lending Washington Mutual layoffs, exited warehouse/correspondent market Washington Mutual layoffs as high as 1,000, closing 3 fulfillment centers Washington Savings Bank stopped wholesale lending Washtenaw Mortgage Company closed Waterfield Bank shut by FDIC Waterford Village Bank shut by FDIC Waukegan Savings Bank shut by FDIC WCI Communities cut 575 jobs Wealthbridge Mortgage shut down, layoffs Webster Bank to cease wholesale and correspondent lending Webster Financial Corp. purchased Sterling Bancorp Webster Financial to cut 240 jobs Weichert Financial laid off 70+ operations staff Wells Fargo cut 59 mortgage jobs in Washington state Wells Fargo cut 68 mortgage jobs in Charlotte and Fort Mill Wells Fargo cut 122 mortgage jobs in San Bernardino Wells Fargo relocate ~350 mortgage servicing workers from Charlotte to Fort Mill, S.C Wells Fargo laid off 87 mortgage workers in Raleigh Wells Fargo cut 91 jobs in Fort Mill on soft refinance demand Wells Fargo cut commercial mortgage jobs in Oakland, CA Wells Fargo cut 100 jobs in Fort Mill, 130 in Twin Cities, and 63 at Frederick, MD office Wells Fargo cut 120 jobs at reverse-mortgage servicing operation in Fort Mills, SC Wells Fargo cut 40 mortgage jobs in Des Moines, IA Wells Fargo cut 115 jobs from call center in Roanoke, VA Wells Fargo cut 91 mortgage jobs in Fort Mill, S.C Wells Fargo closed Milwaukee mortgage center, cut 1,000 jobs Wells Fargo laid off 468 home mortgage workers in Homewood, AL Wells Fargo cut 763 mortgage jobs in St. Louis Wells Fargo cut 350 mortgage jobs nationwide thanks to higher interest rates Wells Fargo cut 2,323 mortgage jobs nationwide, including 365 in Birmingham, 330 in Orange County, CA, 292 in Phoenix, and 284 in Charlotte Wells Fargo cut 900 mortgage jobs, including 400 in Des Moines Wells Fargo closed retail mortgage fulfillment center in Dayton, OH, cut 63 jobs Wells Fargo halted wholesale mortgage lending Wells Fargo cut 113 home retention workers in Bellevue, WA Wells Fargo stops reverse mortgage lending Wells Fargo closed Grand Junction, CO mortgage center, 55 layoffs Wells Fargo cuts 4,500 mortgage jobs Wells Fargo halts wholesale reverse mortgage lending Wells Fargo cutting jobs as HARP demand falls Wells Fargo cutting 145 wholesale mortgage jobs in Orange County Wells Fargo to buy Wachovia Wells Fargo Financial to close 638 stores, halt origination of non-prime portfolio mortgages Wells Fargo Home Mortgage halts wholesale non-conforming lending Wells Fargo Alternative Lending Wholesale closed, layoffs nationwide Wells Fargo Home And Consumer Finance Group layoffs Wells Fargo stops mortgage lending in Canada Wells Fargo layoffs in home equity division Wells Fargo layoffs in Billings, MT Wells Fargo shutting wholesale division in Concord, CA, 137 layoffs Wells Fargo Home Mortgage office in Amherst, NY closed Wells Fargo Home Mortgage acquired Pride Mortgage Wells Fargo Home Mortgage cut jobs in Fort Mill, SC Wescom Credit Union exited wholesale lending WestBridge Bank and Trust Company shut by FDIC Westernbank Puerto Rico shut by FDIC Western Alliance Bancorp purchased Aris Mortgage Holding Company, parent company of AmeriHome Western Alliance Bank acquired Galton Funding Western Bancorp exited wholesale and correspondent lending Western Commercial Bank shut by FDIC Western Corporate (WesCorp) Federal Credit Union placed in conservatorship Western National Bank shut by FDIC Western Springs National Bank and Trust shut by FDIC Westside Community Bank shut by FDIC Westsound Bank shut down by FDIC WestStar Bank acquired assets of Cimarron Mortgage Capital West Texas Credit Union shut down WestWorks Mortgage closed Wheatland Bank shut by FDIC Williamsburg First National Bank shut by FDIC William Lyon Homes acquired South Pacific Financial Corporation, rebranded as ClosingMark Homes Loans, Inc. Wilmington Finance stopped wholesale lending, hundreds of layoffs Windsor Capital Mortgage Corp. closed down Wilshire Bancorp acquired certain assets and operations of Bank of Manhattans Mortgage Lending Division Wingspan Portfolio Advisors closed Melbourne, Florida office, 150 layoffs Wingspan Portfolio Advisors cut another 100 jobs in Monroe, LA Winstar Mortgage ceased operations Wintrust Mortgage acquired Veterans First Mortgage Wintrust Financial bought certain assets and liabilities from Surety Financial Services Wintrust Mortgage acquired mortgage business of American Homestead Mortgage LLC Wintrust Mortgage Corp. shut wholesale mortgage division Wipro purchased Opus Capital Markets Consultants WJ Bradley Mortgage ceased operations WMC Mortgage filed Chapter 11 bankruptcy WMC GEs subprime unit cut 460 jobs, reported closed and for sale WMC Mortgage layoffs WNS (India outsourcing) redeploying employees due to mortgage shakeup Woodlands Bank shut by FDIC World Savings sold to Wachovia WSB Financial Group Inc. cutting 33 mortgage jobs Wyndham Capital Mortgage laid off 78 staff in Charlotte XBancorp closed wholesale Xceed Mortgage Corp. 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