Compensation
Compensation
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The Mortgage Bankers Association deleted web pages including a diversity, equity and inclusion playbook, citing compliance with President Trump's orders.
May 27 -
The comment period for the Affirmatively Furthering Fair Housing interim final rule has been extended, but consumer advocates are clear in their opposition.
May 7 -
Approximately 9% of current homeowners experience a labor market event that results in a negative credit shock, limiting access to their equity, Point said.
April 10 -
The Consumer Financial Protection Bureau asked a federal judge to vacate and set aside a settlement against a Chicago mortgage lender, accusing the CFPB of misconduct in a case brought under former Director Kathy Kraninger, a Trump appointee.
March 26 -
The Justice Department has asked the high court to intervene and halt reinstatements of federal employees who were fired by the Office of Personnel Management.
March 24 -
The Connecticut bank said its newly minted president, Steven Sugarman, successfully led a private placement and signed a long-term employment agreement that makes him a potential CEO. David Lowery, current chief executive of Patriot, plans to step down in April.
March 20 -
Mortgage originators are still struggling with profitability, and getting their income and costs to pencil out could mean the company's survival.
March 14 - 2025 Best Mortgage Companies to Work For
While companies can use a variety of incentive programs and bonuses, businesses with staff longevity frequently rely on a more personal touch.
February 26 -
U.S. District Judge Amy Berman Jackson agreed to temporarily block the Trump administration from firing more CPFB employees and said the White House could not delete or destroy any of the bureau's data or databases.
February 14 -
Since the National Association of Realtors changed its commission payment rules on Aug. 17, the impact on agent compensation has varied.
February 5 -
An emphasis on camaraderie helps this team become more relationship-minded with each other, their clients and their community.
January 17 -
Experts share the short-and long-term strategies employers should put in place to help employees impacted by the crisis.
January 10 -
Depending on how far rates fall, loan officers could be on the hook for a significant part of their compensation if borrowers refinance in an expedited period.
December 18 -
Workers in the bank's conduct management intake group joined colleagues at 23 Wells Fargo branches in approving a union.
December 11 -
Plaintiffs want to certify a class of 119,100 minority mortgage customers who were unfairly deprived of ultra-low mortgage rates during the refi boom.
December 9 -
Some lenders are once again hiring mortgage lenders, but memories of the painful staffing cuts they were forced to make over the past two years remain top of mind.
November 18 -
According to the litigation, a homeowner's Denver property was valued 25% less because of her race.
October 22 -
Negotiation of fees has become much more common, but most sellers are still willing to cover the buyer agent commission, at least to some extent, Redfin said.
September 10 -
Researchers from Lehigh University concluded that telling commercially available language learning models, like ChatGPT, to "use no bias" significantly minimized it.
August 26 -
Nexa Mortgage is attempting to move one case to federal court after a state judge ordered it to pay over $13,000 in sanctions.
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