IndyMac, my former employer, laid off another 3,800 people this week, more than half the remaining work force. I got the axe myself almost exactly a year ago.
Prediction — at job interviews, these people will hear something I heard a lot during my own interviews: “We’re seeing a lot of applicants from the mortgage industry.”
Yeah . . . tell me something I didn’t know.
The Elite Mortgage Daily Blog has helpfully provided a brief history of IndyMac stock: