BankUnited stops making retail mortgage loans, lays off workers

TIAA Bank to stop retail branch mortgage lending, sell some branches to U.S. Bank, potential layoffs. BankUnited – halted retail mortgage lending, layoffs BankUnited – ceased wholesale lending, layoffs. laid off 87 mortgage workers in Raleigh

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BankUnited will no longer offer retail residential mortgage loans to consumers, according to an article in the Miami Herald.. The south florida bank announced it also laid off some its workers.

Cons. Poor management starting from Svp going down, No matter what is your job title as CLS,CSR, UW or FA, you will be asked to do things out of you job description just to keep you busy due to lack of business , No financial or professional improvement even you will hear it in person, meetings and getting emails about it. 2 majors lay off waves for 80% of the employees in 2 years.

An Austin, Texas-based mortgage lender plans to hire about 50 employees laid off in early May from Live Well Financial, including three of its top executives.

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