Carmel and Mortgage Brokers and Hamilton County and Mortgage Lenders and Banking & Finance and Mortgages and Regional News office with 64 employees closing in Carmel

June 6, 2011

The parent of online mortgage provider said it will close its Carmel office, resulting in the loss of 64 jobs.

Charlotte, N.C.-based Inc. on Friday notified the Indiana Department of Workforce Development that the office at 11595 N. Meridian St. will close during a 14-day period ending Aug. 16.

A few of the 64 employees may be offered transfers to another office, the company said. is the parent of several financial services and real estate subsidiaries. Besides, they include and

For the quarter ended March 31, the company lost $39.5 million, or $3.63 per share amid difficult times for the residential mortgage industry.

The housing market continues to struggle both locally and nationally.

Home-sale agreements in the nine-county Indianapolis area sank for the 12th straight month in April, plunging 36.4 percent compared to the same month a year ago.



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