Comments on: MetLife Bank CEO Named to Most Powerful Women in Banking List

By: Anonymous

Anonymous — Wed, 09 Dec 2009 15:23:00 +0000

Glad to know what’s up with Met. Just to let you know, I’m not having any problems with turnaround times at Generations. I’ll stick with them.

By: TexasReverse

TexasReverse — Wed, 09 Dec 2009 13:23:00 +0000

Glad to know what's up with Met. Just to let you know, I'm not having any problems with turnaround times at Generations. I'll stick with them.

By: Melina1222

Melina1222 — Tue, 24 Nov 2009 14:05:44 +0000

Most mortgage companies are seeing underwriting delays this year. There are several reasons for this.

Loan qualifying parameters keep changing, and the producers of underwriting software don't keep up. The "Making Home Affordable" refinances were intially nightmarish for lenders, as Fannie and Freddie (who owned the eligible loans) couldn't sort out their own software until about 2 months after the program was announced.

There is a shortage of skilled underwriters. It's not a job you can just walk into - most underwriters start out as processors, and being a processor is a VERY rough job.

Add a hiring freeze or two, and there you go.

By: jamesanelson

jamesanelson — Thu, 05 Nov 2009 22:28:04 +0000

If you mean, alais wealthone (another unwilling to stand upright and tell
the world who he/she is), by “old school” that I still write (and speak) the
truth, as I (and unfortunately my Senior Clients) see (and have experienced it with ML, as you call them). The answer is an emphatic YES!!!!

By: wealthone

wealthone — Thu, 05 Nov 2009 16:31:10 +0000

ML is quite the mystery, they used a contract recruiter before but supposedly brought it in-house. Interestingly enough, that “in-house” recruiter was not aware of any delays in processing. Hmmm

James, your writing sounds a bit like another “elder” writer that used to post a lot here. You're going OLD SCHOOL on us.

By: Louise321

Louise321 — Wed, 04 Nov 2009 16:18:47 +0000

Alaska's Bridge to nowhere? lol

By: jamesanelson

jamesanelson — Wed, 04 Nov 2009 13:24:50 +0000

Forget it, Reverse Guy, when you are my age (71) and many years ago
(Longer than I care to remember: Great , wonderful memories however)
I was extremely successfully employed (Nationwide Sales Leader in Four Color Full page newspaper product ads and a couple of thousand case sales orders to a single retail store) by Procter and Gamble, I know what represents outstanding Corporate activity. I laugh at you “young kids” or
“Old Corporae Hides” who think that by not pointing out what is, in my opinion, corporate irresponsibility, things change. FHA Clients come first in my book, not lenders who fail to underwrite in a timely manner. AS far as “burning a bridge”, unless and until changes are made and underwriting time is improved, that for me would be comparable to Alaska's Bridge to no where. Perhaps others have had more success, but I'll stand by my comments with my actual name, unlike you reverse guy, another alais
person without courage. As I have told others, I hope you treat your Senior clients with greater integrity.

By: ReverseGuy

ReverseGuy — Wed, 04 Nov 2009 13:02:06 +0000

Uhhhh…maybe it is a wise career decision to keep your personal viewpoints on a market leader and job interview details to yourself, James. The term “don't burn any bridges” would definitely apply here…