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Tuesday, January 26, 2021

Texas-based lender eliminating 105 Nebraska jobs

SCOTTSBLUFF, Neb. (AP) — A Lewisville-based mortgage company has announced it will be eliminating 105 jobs at its Scottsbluff office in western Nebraska.

Nationstar Mortgage spokesman John Hoffmann says the cuts will begin on March 28 and will leave 215 Nationstar workers at the loan servicing office, plus 50 contractor positions not held by Nationstar employees.

Hoffmann says the demand for mortgages has slowed so there’s simple less work to be done by workers in loan origination and servicing.

In November the company announced it was eliminating 900 jobs companywide, including 300 employees who were working for a division that was sold to another mortgage company.

Hoffmann says the company announced last month it would eliminate loan origination jobs of 230 people based in St. Louis, Denver and the home office in Lewisville.  

Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

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