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 Issue of September 3, 2007 
   

Job Losses Mounting In Mortgage Industry
Employment Fair Slated at Industry Conference As Number of Layoffs Reaches 25,000 in August


Brian Driscoll
‘Deep relationships’ key
By Amy Wyeth
The subprime and Alternative-A mortgage crisis has resulted in as many as 40,000 job losses nationally in the past year, and in Massachusetts industry sources estimate upwards of 4,000 lending-related positions have disappeared as companies close or downsize.

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