Posted To: Pipeline Press
Dodd-Frank rules require public companies to provide their shareholders with an advisory vote (non-binding) on the compensation of the most highly compensated executives at least once every 3 years. The so-called "say on pay" votes have added more work to banks and their compensation committees, yet less than 2% of companies fail to get shareholder approval according to executive recruitment firm Korn Ferry. And speaking of company types, credit unions are now up to serving over 105 million Americans. The auto loan balance figure of $100 billion is of interest, as well as credit union's mortgage volume being 39% higher than the same period in 2014. Under the " big news " category, the FHFA (which also oversees Fannie Mae and Freddie Mac) is closing a loophole in membership , and the industry...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/1ZtIi9r
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