Tag: incentive compensation management
LBA Ware’s Q2 2021 Mortgage Loan Compensation Report: refinance volume drops 35% and purchase volume surges 50%
eNewsChannels NEWS: -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry loan compensation in the second quarter of 2021. The firm's analysis of data from its CompenSafe™ ICM platform showed that despite a marginal increase in loan volume from Q2 2020 to Q2 2021, quarterly commissions per LO were down.
Former State Bank VP Georgia Capalbo joins LBA Ware client success team
eNewsChannels NEWS: -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has tapped former State Bank vice president Georgia Capalbo as client success product liaison.
LBA Ware 2021/Q1 Mortgage Loan Compensation Report shows slight decrease in basis points paid
eNewsChannels NEWS: -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry loan compensation in the first quarter of 2021.
Second installment of LBA Ware’s quarterly webinar series to host capital markets expert Rob Chrisman on today’s mortgage market
eNewsChannels NEWS: -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced the second installment in its free, quarterly webinar series.
Michigan First Credit Union Implements LBA Ware CompenSafe to Facilitate Mortgage Lending Division Growth
eNewsChannels NEWS: -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced that Michigan First Credit Union (Michigan First) has implemented LBA Ware's ICM platform CompenSafe to automate incentive compensation for its mortgage division's 40+ loan originators (LOs) and loan originator assistants (LOAs).
LimeGear Business Intelligence (BI) selected by AmCap Home Loans to Fuel Productivity
eNewsChannels NEWS: -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced that AmCap Home Loans (AmCap) has implemented LBA Ware's LimeGear™ BI platform across its 143 branch locations. AmCap also uses LBA Ware's ICM platform CompenSafe™ to manage incentive pay for its 600 loan originators.
LBA Ware Joins ACUMA, Brings New Tools for Optimizing Compensation to Credit Unions
eNewsChannels NEWS: -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member.
LBA Ware Launches Expanded Functionality to CompenSafe ‘Verify Pay’ Feature
eNewsChannels NEWS: -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has updated CompenSafe's Verify Pay feature, which enables loan originators (LOs) and other commissioned or bonus-based employees to review and verify their incentive compensation before paychecks are cut, greatly reducing the hassle, time and cost of remediating incentive compensation disputes.
LBA Ware Recruits Kim Schnieders to Accelerate Rapid Business Growth in Mortgage Industry
eNewsChannels NEWS: -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced today it has hired sales executive Kim Schnieders as senior sales consultant. Schnieders will support the expansion of LBA Ware's business development strategy during its rapid growth, driving revenue and supporting the influx of mortgage lenders implementing its award-winning technology.
LBA Ware Issues 2020-Q3 Mortgage Loan Originator Compensation Report
eNewsChannels NEWS: -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry compensation in the third quarter of 2020.
LBA Ware Taps Fintech Data Expert Matt Semrad to Build Predictive Analytics for LimeGear BI Platform
eNewsChannels NEWS: -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, has hired veteran fintech executive and data analytics expert Matt Semrad to enhance its BI platform LimeGear with predictive loan production analytics and machine learning.
LBA Ware Adds Data Analytics Expert Brian Jordan as Director of Product Management
eNewsChannels NEWS: -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, has tapped financial data and analytics industry expert Brian Jordan as director of product management. Jordan was hired to enhance and expand LimeGear, LBA Ware's recently launched turnkey business intelligence (BI) platform.
Centier Bank Slashes Man-Hours Spent Calculating Incentive Compensation by 99-percent with LBA Ware’s CompenSafe
eNewsChannels NEWS: -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced that Centier Bank (Centier), Indiana's largest private, family-owned bank, has implemented CompenSafe to automate incentive compensation for its residential lending department.
LBA Ware Publishes Top-10 Lender’s Compensation Automation Cost-Benefit Analysis
eNewsChannels NEWS: -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released the findings of a cost-benefit analysis quantifying one mortgage lender's expected return on investment after implementing CompenSafe.
Alpine Bank Selects LBA Ware’s CompenSafe for Efficient, Accurate and Scalable Compensation Plan Management
eNewsChannels NEWS: -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, announced that full-service community bank Alpine Bank has implemented CompenSafe™ to automate incentive compensation for its mortgage loan originators and fulfillment staff.
LBA Ware Launches CompenSafe University to Help Mortgage Lenders Achieve Their Compensation Plan Management Goals
eNewsChannels NEWS: -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced the launch of CompenSafe University (CSU), a two-day training program designed to help lenders derive additional value from their investment in CompenSafe.
Finance of America Mortgage LLC Transforms Incentive Compensation Process, Gains Insight and Efficiency with LBA Ware CompenSafe
eNewsChannels NEWS: -- LBA Ware(TM), a leading incentive compensation management (ICM) and business intelligence (BI) software solutions provider for the mortgage industry, today announced that Finance of America Mortgage LLC (FAM) has upgraded its incentive compensation process with CompenSafe(TM).
LBA Ware Outpaces Industry Growth – CompenSafe Finishes 2Q19 with $3.6B in Lifetime Compensation Calculations
eNewsChannels NEWS: -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, closed the second quarter of 2019 having completed $3,622,659,995 in lifetime calculations of origination commissions, management overrides and operational bonuses through its CompenSafe(TM) sales incentive platform.
