Items Tagged with 'Retail banking'


  • Wells Fargo keeps mortgage lending comp intact

    Changes focus on retail banking
    Wells Fargo recently announced it would completely overhaul its current compensation plan and replace it with one that will help prevent another scandal, but there’s one catch. The change will only apply to the retail sector, everything else will continue as business as usual.
    Read More
  • ditech continues retail lending growth

    Announces expansion into new markets
    According to ditech, the new retail branches are in Washington, Oregon, Utah, Ohio and Illinois and “complement the company’s existing retail operations, enhancing its current presence and adding new outlets in key markets across the country.”
    Read More
  • Virginia-based Millennium Exits Mortgage Banking

    Millennium Bankshares Corporation today announced it will exit its mortgage banking activities, citing the effects of a soft housing market. “We were concerned about future volatility in earnings as a result of the soft housing market and wanted to eliminate, going forward, the risks normally associated with mortgage banking activities,� said Carroll C. Markley, CEO of Millennium.
    Read More