Um, by that standard, every job in the country is "related to" banking, because nobody pays for things via the barter system. It is just a silly comment.
Most economists agree that nearly 45% of all jobs created since 9-11 were housing related in the broadest sense. It is very clear to me that they know what they are talking about.
Ameriquest Mortgage is closing all its retail offices across the country, laying off 3,800 workers.
Washington Mutual severely cut its mortgage staff in 2003 and just cut another 2,500 jobs this year. Other mortgage companies are
making similar cutbacks. If you do not choose to believe the evidence, there is nothing I can do about it. Wait until the end of the year. It is going to be very grim for mortgage brokers.