Southern California residents who work for a mortgage company?

I would like to asked for those who live in Southern California especially the Orange County and Los Angeles area who work for a mortgage company if they noticed an increased of laid offs lately? I work for a Mortgage Company but for a Home Insurance department and i heard from my other friends who work for other mortgage company about a major down sizing. I also heard from the news that more than 40% of people has already been fired from their mortgage company. I was wondering if any of you guys heard about this?Southern California residents who work for a mortgage company?
Yes, both my daughter and a friend's daughter work in mortgage lending. They have both experienced major downsizing because of the problems with the sub-prime loans. Both these ladies are in L.A/San Bernardino area. It's all over the country, too.Southern California residents who work for a mortgage company?
They showed this on television that companies are cutting back because people are losing their homes.
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