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More than a half million people worked in mortgage lending as of October 2005 -- the highest month on record. Five years later, fewer than half are left. Headcount in real estate finance fell by another thousand during the third quarter of this year, according to industry data released Monday. During the July-September period, 3,216 layoffs were tracked while the number of new hirings fell to 2,286. North Carolina saw the largest net gain during the third quarter, with more than 500 mortgage sector jobs added there.
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