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AllRegs rises out of the basement and lands in the front office: A look into the past with a glimpse towards the future

National Mortgage Professional
Jan 24, 2008

Mortgage industry job site launched in the shadow of liquidity crisis: Free job posting and resume listing available nowMortgagePress.comemployment, jobs, mortgage,, BLS, The Mortgage Press Ltd. has announced the launch of a new job board that enables mortgage industry job seekers to find mortgage employment nationwide at The site has also announced that free 60-day job postings are available for all mortgage professionals. According to the Bureau of Labor Statistics (BLS), the mortgage industry has lost 79,000 jobs since its peak in February of 2007, said Andrew T. Berman, executive vice president of The Mortgage Press Ltd. These displaced mortgage professionals are looking for new and niche opportunities that are available for them. Everything from FHA underwriting jobs, to branch manager programs, to reverse mortgage originators and more will be available through this site. This launch is a significant step in helping not only the 24,000-plus members of National Association of Mortgage Brokers, but all mortgage professionals and their support staff nationwide. One of the primary goals for is to help find employment for thousands of former employees of bankrupt or significantly downsized mortgage wholesale lenders, such as Aegis Wholesale, American Home Mortgage, Decision One, Delta Funding Corporation, First Magnus, Fremont Investment & Loan, and New Century Mortgage among others. In response to the liquidity crisis that has caused many mortgage companies to retool their business, we have waived all fees on jobs postings, resume access, and the complete suite of tools available to employers at, said Russell T. Sickmen, CEO of The Mortgage Press Ltd. We are glad to be able to help find mortgage jobs for the displaced workers that have fallen victim to the recent liquidity crisis. In addition to employment search tools, job seekers will have access to job alerts, cover letters, anonymous resume postings and more. Employers will get the industrys job posting and resume searching tools through the site, including access to active and passive job candidates. All job postings will be part of the OneClick Cross-Posting Network. As some of the larger mortgage companies downsize and are laying off employees, there is no more opportune time for smaller- to mid-sized mortgage companies to seize some of the top talent available and capture a larger piece of a smaller pie, said Joel M. Berman, president of The Mortgage Press Ltd. For more information, visit
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