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The fight to standardize educational training for LOs

Housing Wire

Federal regulations mandate that nonbank LOs take training prior to being certified. These organizations impose response training responsibilities on banks to have a well-trained staff,” said a source who requested anonymity because he was not authorized to speak about bank regulation. “So Learning materials up to par?

Training 397
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UWM’s Agnes Standowicz on leadership strategy and harnessing technology

Housing Wire

When Standowicz started at UWM in 2013 she was on a team of about 100 underwriters. Fast forward to 2013, I joined UWM as an FHA Senior Underwriter and quickly rose through the ranks to become an underwriting leader, guiding a group of underwriters to ensure loans are processed accurately, quickly and consistently.

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Fairway Independent Mortgage Promotes Carrie Guarrero to President of Fairway Ignite

Appraisal Buzz

In 2007, she launched her first coaching and training company. From that point forward, she has been a key player in the mortgage and real estate industries, consistently performing exceptionally well as a top producer, except for 2013 and 2014 when she fully committed herself to coaching.

Mortgage 195
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The Week Ahead: Exploring Cost Savings Through Outsourcing

Appraisal Buzz

During “ Partnering for Performance: Mortgage Operations Outsourcing ,” a panel of experts will explore how outsourcing can transform mortgage operations, by discussing strategic planning, cost-savings, and workflow advantages of staffing partnerships, including a practical breakdown of what operators should prepare for—from training to timelines.

Clients 367
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Joan Trice sells Valuation Expo and Appraisal Buzz newsletter

Housing Wire

AEL, established in 2013 and headquartered in Tennessee, offers online training for real estate appraisers that help them “learn new skills, build on your experience,” according to the website. LinkedIn pegs the company size to be between 11 to 50 employees.

Valuation 370
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James Cooper to be permanent president of CSBS

Housing Wire

Before joining CSBS, Cooper was deputy director at the Indiana Department of Financial Institutions from 1994 to 2013. The former CEOs shoes will be big ones to fill.

Training 370
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Wells Fargo pays $96M to settle LO comp lawsuit

Housing Wire

The lawsuit, which combined two legal actions that were designated a class action, was filed on behalf of 5,377 loan officers and other mortgage staffers employed by the bank in California from 2013 and 2019. James Kang, the lead plaintiff, said Wells Fargo illegally clawed back compensation.

Legal 488