Mortgage industry employment decreased in the third quarter on a sequential basis, fueled by layoffs, according to an index released by Mortgage Daily. However, mortgage industry employment increased year over year compared to the third quarter of 2014.

The largest home lender, Wells Fargo, had the biggest loss of any lender and Michigan posted the largest loss of all the states.

The report found the mortgage industry employed an estimated 644,300 people at the end of the third quarter, a decrease from an estimated 646,100 positions in the second quarter but up from an estimate of 630,200 in the third quarter of 2014.

The latest estimate included 284,600 mortgage jobs at banks, 60,000 home lending employees at credit unions and 299,700 people working at non-bank mortgage firms.

The states with the biggest job gains include:

• Michigan: +1,058
• Arizona: +300
• Virginia: +262
• Washington: +86
• Florida: +82

The states with the biggest job losses include:

• Wisconsin: -722
• New York: -377
• California: -370
• Colorado: -265
• Texas: -140

The biggest job gains by company include:

• Quicken: +1,000
• loanDepot: +700
• Movement Mortgage: +536
• Guaranteed Rate: +301
• Fairway Independent: +233

The biggest job losses by company include:

• Wells Fargo: -1,434
• Bank of America: -1,400
• Discover Home Loans: -474
• Chase: -350
• Urban Lending Solutions: -265