Compensation
Compensation
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Just because regulators have not initiated any enforcement actions since 2014 doesn't mean they aren't watching.
October 27 -
Exclusive Arizent research found that more than 95% of employees think they have something to learn from people who are different from them. But only 66% think that diverse companies make better decisions. We explore the disconnect.
October 26 -
Lender Finance of America, which reported steep losses in the first half of the year, is also reportedly mulling a massive staff reduction.
October 21 -
Why several rivals are suing the mortgage lender, and why it may not matter
October 11 -
Methods to combat the discrimination include lender disclosures explaining the process, industry guidance around reconsiderations of value, uniform 3D property scans and more automated valuation models easier to audit than manual valuations.
September 30 -
The move follows two consecutive quarterly losses for the REIT and comes just days after its sister non-QM lending business laid off 20% of its staff.
September 29 -
SPCPs are posed as an equitable housing solution but hesitation and confusion about them is persistent in the mortgage industry, housing finance experts said.
September 29 -
A whistleblower complaint on a $250,000 retention award for a Fannie Mae senior executive prompted the investigation of the Federal Housing Finance Agency's procedures.
September 28 -
The trade groups, including the American Bankers Association, allege the Consumer Financial Protection Bureau exceeded its authority by claiming discrimination in any financial product violates the federal prohibition on "unfair, deceptive or abusive acts or practices."
September 28