Housing Wire
SEPTEMBER 21, 2021
This is up considerably from 2016, when the last report was published. “A Regional sales managers, general sales managers and office sales managers have a much higher variable compensation — earning bonuses and benefits — than they did when RealTrends published this report in 2016. Breaking down the numbers.
Housing Wire
NOVEMBER 18, 2021
That gravy train, however, is expected to slow down some as we turn the corner into 2022 — with rising interest rates, spiking home prices and the expanding reach of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac serving as the brakes. And the elephant in the room is interest rates.
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Housing Wire
DECEMBER 9, 2020
The bank will pay a $200,000 fine for reporting inaccurate HMDA data in 2016 and 2017 — with error rates up to 40% in some cases, according to the CFPB. Washington Federal reported HMDA data for over 7,000 mortgage applications in each of 2016 and 2017, many of which contained data error rates reaching nearly 40%.
Housing Wire
OCTOBER 28, 2022
Stallings and Paul Abraham, who have been at the firm about a decade, and Michael Stallings, who joined in 2016. The new division executives include Gus Lobo who joined the company since its inception in 2002 and now leads 200 employees, including 136 MLOs across 37 branch locations and also focus on recruitment and training.
Housing Wire
MARCH 26, 2021
Wells Fargo “failed to pay plaintiff and class members for all hours worked, including but not limited to, mandatory meetings, loan processing, training and coaching sessions, loan tracking, customer surveys, attending open houses, attending events and galas, and working on certain nights or weekends,” Kang’s complaint, filed in 2017, said.
Housing Wire
SEPTEMBER 25, 2024
RealD2D is led by agent and coach Duane Richins, who brought a unique background to his real estate career that began in 2016. Having knocked on over 100,000 doors and trained numerous rookies of the year, Duane is unmatched in building client relationships through direct engagement,” Real President Sharran Srivatsaa said in a statement.
Housing Wire
SEPTEMBER 27, 2023
In this case, the alleged redlining occurred from 2016 through at least 2021, when the bank failed to open a branch in majority-Black and Hispanic neighborhoods. The DOJ alleges that the bank also failed to train and incentivize its staff to market and advertise its mortgage services to compensate for its lack of presence in these areas.
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