I was just laid off from my mortgage-title company along with 25 other employees, it seems there are more layoffs coming, if anyone out there currently work or are connected with countrywide there is an other layoff coming in a few weeks. We got no warning, no severance and not even out vacation time. Just wanted to warn a few people.
Related Articles
Random Questions
- What fees/costs can you put on a credit card when closing on a home?I am about to submit an offer on an investment property and would like to know what I can put on my card to get some rewards points. I believe the whole down payment is …
- Springleaf GoodwillHello, I am new here but I have been lurking on here for some time. I was reading successes and failures on GW letters and figured i’d give it a try myself. I had 2 …
- Credit Bureau timing?Hi- Does anyone know how long it takes the credit bureas to update once they receive the monthly update from a creditor? I am apartment hunting and see the credit inquiries update almost immediately …
- Having credit inquiries removedAfter having been a victim of identity theft, I placed a fraud alert on all three credit bureaus but still have inquiries I did not authorize.I just would like to know if it’s just easiest …
- Citi Double CashThis is one card I would like to get in the near future, but I’m not sure how “clean” I need to be. Anyone know what their show stoppers are? BK? Jugdements? Closed/Paid Collections? Inquiries? …
Random Posts
- What’s the first thing that I will see when I walk through the front door of your home?You will see a big open space in the front part of my house where the formal dining and foyer area is (we just bought a new home 9 months ago and we have a …
- is 635 an average credit score?I am trying to rent an apartment and based from fico my credit score right now is 635, is anybody can tell me if I will be approve on my score?
- What is the difference between refinancing a home loan and a second mortgage?We are thinking about either a cash-out-refinancing of our home loan or applying for a second mortgage but don’t really know the difference between the two options. We are going to use the money for …
- When will I be ready to buy a house?I want to buy a house as soon as possible. It is my number one goal and it is constantly on my mind. Let me give you a little background. I’m a 20 year old …
- Credit counseling questions?I have an 2 yr ARM. I got this invatation to Re-Fi from our mortgage company which I want to do. My goal while in this 2 yr arm was to clean up some blemishes …
Random Topics
- File Bankruptcy or Wait it Out?!Hi! I have been reading and learning a ton on this forum, but I still can’t decide what scenario will be best for me.* * I’m 24 and divorced. My ex got the majority of …
- Who can take my paid for house from me if our bills go unpaid?Our house is paid off. #1) If we can’t pay our medical bills, can they take away our home? We can pay towards bills, but not pay them off. #2) Can other people take away …
- What is the best agency to choose for debt cancellation or consolidation?Trying to decide if I should file bankruptcy or pay off debt
- Does business’s credit effect owner’s personal credit score?I am a partner of a small business. This is my first business and we have messed up with some bills. My business has debts and probably low credit. However, my personal bills have been …
- does credit repair agencies deal with credit cards only?do they do mortgage and auto too
It is called greed and preying on the innocent that caused your problem. Its not your fault it is your employer’s fault. I see a big class action lawsuit coming in the near future.
It’s a very bad storm the industry is in and it won’t get better until next year. Not telling employees of impending layoffs is par for the course. The bottom line is always $ $ $ $ $ and the people that make the business run get shafted first.
The lending industry is cleaning out it’s closets – so to speak – and those that can hang on will be fine when the clouds clear off.
I know of 3 people personally these layoffs effected and they were all in the business for 5-10 years, I think the layoffs will keep happening until they close their doors or someone buys them out like bank of america. Sorry about the layoff, it is tough out there.