Comments on: Countrywide Reverse Mortgage Executive Takes Reigns at Bank of America http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/ Reverse Mortgage News and Information Mon, 13 Feb 2012 00:19:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Anonymous http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/comment-page-1/#comment-38649 Anonymous Thu, 27 Aug 2009 21:40:00 +0000 http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/#comment-38649 Wells is a success in spite of itself. The majority of the people I know who've left did so, some without a job in the offing, because of the poor management style, internal confusion, lack of support and a general disconnect. They've lost many good people and it's not all about money. If you are happy, you aren't looking. Besides the best people in our business aren't in it for the money and the ones who are won't succeed with a 'sales' mentality. You won't find Wells on the Top 100 list of great companies to work for. BofA will do quite nicely and should emerge in the top spot. Wells is a success in spite of itself. The majority of the people I know who’ve left did so, some without a job in the offing, because of the poor management style, internal confusion, lack of support and a general disconnect. They’ve lost many good people and it’s not all about money. If you are happy, you aren’t looking. Besides the best people in our business aren’t in it for the money and the ones who are won’t succeed with a ‘sales’ mentality. You won’t find Wells on the Top 100 list of great companies to work for. BofA will do quite nicely and should emerge in the top spot.

]]> By: jbrodey http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/comment-page-1/#comment-33710 jbrodey Thu, 27 Aug 2009 19:40:44 +0000 http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/#comment-33710 Wells is a success in spite of itself. The majority of the people I know who've left did so, some without a job in the offing, because of the poor management style, internal confusion, lack of support and a general disconnect. They've lost many good people and it's not all about money. If you are happy, you aren't looking. Besides the best people in our business aren't in it for the money and the ones who are won't succeed with a 'sales' mentality. You won't find Wells on the Top 100 list of great companies to work for. BofA will do quite nicely and should emerge in the top spot. Wells is a success in spite of itself. The majority of the people I know who've left did so, some without a job in the offing, because of the poor management style, internal confusion, lack of support and a general disconnect. They've lost many good people and it's not all about money. If you are happy, you aren't looking. Besides the best people in our business aren't in it for the money and the ones who are won't succeed with a 'sales' mentality. You won't find Wells on the Top 100 list of great companies to work for. BofA will do quite nicely and should emerge in the top spot.

]]> By: Jeff http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/comment-page-1/#comment-6348 Jeff Fri, 29 Aug 2008 13:44:02 +0000 http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/#comment-6348 I actually heard from a Reverse lender I was interviewing with yesterday that BofA/C'wide Reverse was not doing so hot - at least here in the Jacksonville, FL market. I was interviewing for a Retail position, so pretty sure he was referring to Retail. Anyway, the interviewer and company are pretty well connected (in Florida at least), so I need to ask him again to clarify. Of course, it may all be propaganda to keep me from looking there. I actually heard from a Reverse lender I was interviewing with yesterday that BofA/C’wide Reverse was not doing so hot – at least here in the Jacksonville, FL market. I was interviewing for a Retail position, so pretty sure he was referring to Retail. Anyway, the interviewer and company are pretty well connected (in Florida at least), so I need to ask him again to clarify. Of course, it may all be propaganda to keep me from looking there.

]]> By: Terry http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/comment-page-1/#comment-6313 Terry Thu, 28 Aug 2008 15:51:22 +0000 http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/#comment-6313 Always throwing WF on the fire when they lead in every aspect of growth and liquidity. Because Wells doesn't pay the ridiculous package that B of A offere is the reason for the loss of originators. If you need to pay forward severance they are the people they probably didn't want. Don't worry about Wells as much as the pending litigation and the cutbacks in your packages. Always throwing WF on the fire when they lead in every aspect of growth and liquidity. Because Wells doesn’t pay the ridiculous package that B of A offere is the reason for the loss of originators. If you need to pay forward severance they are the people they probably didn’t want. Don’t worry about Wells as much as the pending litigation and the cutbacks in your packages.

]]> By: Robert http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/comment-page-1/#comment-6312 Robert Thu, 28 Aug 2008 15:39:56 +0000 http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/#comment-6312 Re: Rich S I've been loyal to BofA/Seattle Mortgage for years with my reverse business and I'm 100% positive that this will never happen. A reverse mortgage is a much safer investment with a higher yield than any forward. Look to them to strengthen their position in wholesale. They've still got the best customer service, hands down. Re: Rich S

I’ve been loyal to BofA/Seattle Mortgage for years with my reverse business and I’m 100% positive that this will never happen. A reverse mortgage is a much safer investment with a higher yield than any forward. Look to them to strengthen their position in wholesale. They’ve still got the best customer service, hands down.

]]> By: Rich S http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/comment-page-1/#comment-6311 Rich S Thu, 28 Aug 2008 14:43:48 +0000 http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/#comment-6311 And in this matter of time, will BofA dump their reverse wholesale like they did on the forward side??? And in this matter of time, will BofA dump their reverse wholesale like they did on the forward side???

]]> By: Michael http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/comment-page-1/#comment-6310 Michael Thu, 28 Aug 2008 14:38:16 +0000 http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/#comment-6310 BofA's backend has been excellent, also; service is far superior on the back end to WF. Agree with Kevin; it's only a matter of time... BofA’s backend has been excellent, also; service is far superior on the back end to WF. Agree with Kevin; it’s only a matter of time…

]]> By: Jim http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/comment-page-1/#comment-6308 Jim Thu, 28 Aug 2008 12:58:23 +0000 http://reversemortgagedaily.com/2008/08/27/countrywide-reverse-mortgage-executive-takes-reigns-at-bank-of-america/#comment-6308 Look out for MetLife!!! Look out for MetLife!!!

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