A mortgage lender presses "Reset"

For a change, here's something from the financial sector that doesn't involve layoffs or corporate misdeeds: Bank of America is looking to hire a small army of workers. The bank's mortgage lending unit is looking to beef up by adding about 1,000 more people, while it moves 500 workers to the division from home-equity loan processing. This will all take place against the backdrop of 7,500 cuts as BoA absorbs the former Countrywide Financial. (Okay, we lied -- it does kinda involve layoffs.)

Starting in late April, the new subsidiary will be known as Bank of America Home Loans. And in fact, you can already find some positions (loan officers and related types) on the BoA web site.

Happy hunting!

--Posted by Todd Obolsky, Vault News & Commentary