Internet lenders are struggling. Look to the biggest players for the best employment bets. Mortgage banking is a pretty unsettling place to be these days.
Traditional lenders continue to leave the business either through acquisitions or exits.
Internet lenders struggle to generate volume. Lawsuits and legislation targeting predatory lending are making profits seem risky. Citicorp acquired Associates. Washington Mutual bought PNC and Bank United. It's a trend that's unlikely to stop when lenders as large as Countrywide are sitting on the shelf awaiting a buyer.