ECC Capital Cuts 17 Percent (Mortgage) of Staff

ECC Capital Cuts 17 Percent of Staff
(AP) IRVINE, Calif. ECC Capital Corp., a mortgage finance real estate investment trust, on Tuesday said it would cut 170 staffers, or 17 percent of its work force, to reduce costs and improve operating efficiency.
Source: www.kiplingerforecasts.com

Stearns Lending Beats Mortgage Market Trends by Scoring Record Breaking Quarter
Stearns Lending, Inc., a privately owned mortgage company, today announced results for its 2006 first quarter, reporting the highest revenue in the Company's sixteen year history.
Source: biz.yahoo.com