As part of a cost-cutting strategy, Residential Capital LLC is eliminating more than 100 positions in Connecticut and North Carolina. But jobs are being added in Pennsylvania and California.
Around 45 of the layoffs are originators at a Charlotte, N.C., call center, GMAC spokeswoman Jeannine Bruin told MortgageDaily.com in a phone interview. Some originators will remain at the center, which had around 90 employees before the layoffs.
REOÂ employees at the Charlotte location, however, are not impacted.
In March 2010, Bruin said another 84 employees will be laid off in West Hartford, Conn. The impacted positions, which provided support for the North Carolina center, include processors and closers.
Bruin noted that underwriters at the West Hartford location will be offered flexible-location employment plans.
Functions handled at the Connecticut location will shifted to offices in Fort Washington, Pa., and Costa Mesa, Calif. Both locations are significantly beefing up their staffs in anticipation of the heavier workload, according to Bruin.
