Texas-based lender eliminating 105 Nebraska jobs

By: AP
By: AP

Scotts Bluff, NE (KGWN) - A Texas-based mortgage company has announced it will be eliminating the jobs of 105 people at its Scottsbluff office in the Nebraska Panhandle.

Nationstar Mortgage spokesman John Hoffmann says the cuts will begin on March 28 and will leave 215 Nationstar workers at the loan servicing office, plus 50 contractor positions not held by Nationstar employees.

Hoffmann says the demand for mortgages has slowed so there's simple less work to be done by workers in loan origination and servicing.

Nationstar has Texas addresses in Lewisville, Dallas and Irving.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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