Your Questions About Mortgage Loan Officer Compensation

Chris asks…

I received the below e.mail from HSBC – U.K. and would like to know if it looks ok?

Confidential!

Dear Job Applicant,

JOB REF: HB.B-UK-09/015

VACANCIES: UNLIMITED FOR THOSE IN THE (BANK MANAGEMENT, IT,
PROJECT MGT. ADMINISTRATION, MANAGERIAL OPENINGS)

Customer Service Representative
Part-time Collections Advisor
Customer Sales Executive
Collections Advisor
General and operations managers
Marketing and sales managers
Accountants and auditors
Credit analysts
Financial analysts
Personal financial advisors
Loan officers
Tax Adviser
Tellers
Brokerage clerks
Executive secretary
Administrative assistants
Office clerks
Pensions Adviser
Finance Director
Finance Manager
Mortgage Adviser
Insurance Adviser
Corporate Finance Director

CONTRACT DURATION: 4 – 7 YEARS (RENEWABLE, PROSPECTS OF SECURING PERMANENT
POSITIONS).

CONTRACTOR/ EMPLOYER: HSBC BANK.U.K.

AGENT/ RECRUITER: HSBC BANK.U.K CAREER DEPARTMENT.

CONTRACT/ JOB LOCATION: LONDON.

Sequel to the job advertisement made, we have reviewed your CV/Resume
Sent by our labor consultantshttp://www.naukrigulf.com, http://www.naukri .com,
& http://www.timesjobs.com for a possible job engagement with us and we also
wish to inform you that you are eligible for a Job position in HSBC BANK.U.K

Please answer and submit the Official Online questionnaire alongside your
credentials/photo graph for HSBC BANK.U.K which will be used to ascertain your
final eligibility for a Job position in reference to your CV/Resume as posted
prior to this interview by
http://www.naukrigulf.com, http://www.naukri .com, & http://www.timesjobs.com
*Note: Only Successful and Short-listed Applicants will be contacted either on
Phone or Email!

Good Luck!

1. Briefly describe your ideal job?

2. Why did you choose this career?

3. What goals do you have in your career?

4. How do you plan to achieve these goals?

5. Can you work well under deadlines or pressure?

6. Tell us about a time when you failed to meet a deadline. What were
The repercussions?

7. Do you have reference list?

8. Why do you want to work here?

9. Why should we hire you over the others waiting to be interviewed?

10. What is your Current Monthly Salary Package in US Dollars?

11. How soon can you travel down to start your new Job?

12. What job position/s are you currently holding with your current employer?

13. What three Specific Job Positions do you target from HSBC BANK.U.K?

14. Give us full details on the Following;
(A.) Full Name:
(B.) Permanent Mailing Address
(C.) Current Mailing Address
(D.) Tel/Mobile Number(s)

15. What is your Country of Nationality? Is it different from your
Present location? If yes please state your Current resident Country.

16. What are your Future Plans for HSBC BANK.U.K?

PACKAGES
Compensations and Benefit packages for these positions remain Competitive and
Comparable with those available in leading Aviation Industries across the globe
& negotiations are allowed.

CRITERIA FOR EMPLOYMENT
Contract Awards/ Employment will be based mostly on merit and will be considered
on experience and Profile.

TESTIMONY
Over the years, the best recruited Expatriates have been selected via the
Internet and the selection has proven to be unbiased & based on merit since our
Clients require the best expertise in various fields to enable them deliver
within specified frames of time and harness the opportunities in the operating
environment.

BENEFITS AVAILABLE TO SHORT-LISTED JOB APPLICANTS

* FREE ACCOMMODATION

* FREE FEEDING

* OFFICIAL VEHICLE WITH COMPANY DRIVER FOR LOCOMOTION

* FAMILY STATUS PACKAGE + 75% FOR COMPLETE FAMILY WELFARE

* FREE TO & FRO TRAVEL TICKET

* REIMBURSEMENT FOR PROCESSING OF TRAVEL PAPER(S), VISA ETC * UPFRONT
PAYMENT OF FIRST MONTH’S

SALARY +BENEFITS BEFORE RE-LOCATION TO JOB LOCATION

Many more incomparable benefits…………..

IMPORTANT INSTRUCTION FOR JOB APPLICANTS

All Completed Online Interview Questions should be submitted to the Human
Resources Department of HSBC BANK at:
careers@bankhsbc-uk.co.cc to enable them as certain your eligibility for a Job
position and make possible considerations for Job offer in
Her Company.

ONLY Successful and Short-listed applicants will be contacted and invited for a
Job position and a mandatory Orientation/ Training
Program scheduled 3 weeks on confirmation of Job Offer from HSBC BANK
U.K

Yours Truly,

Mrs. Ellen Forsey
Human Resources Assistant,
HSBC BANK.UK,EMAIL: careers@bankhsbc-uk.co.cc

after this e.mail I received another e.mail which I will send you after this e.mail

John answers:

How long ago did you apply for this job? I assume you didn’t, if so why should they send you the opportunity to work in a bank when they are actually cutting back on staff. I am sorry but this seems like a scam to me.

Michael asks…

If Palin runs against Obama in 2012 will she win?

here is a list of what Obama has done manypeople don’t know he has done anything

Arts and Culture
Funded the National Endowment for the Arts (NEA) at the highest level since 1992. ref, ref, ref, ref
Created an artist corps for public schools. ref
Championed the importance of arts education. ref
Promoted cultural diplomacy. ref

Banking and Financial Reform
The Credit Card Accountability, Responsibility and Disclosure Act. ref, ref
Managed the Troubled Asset Relief Plan (TARP) ref; (Banks have repaid 75%, bringing the cost down to $89B.) ref
Played a lead role in G-20 Summit, which produced a $1.1 trillion deal to combat the global financial crisis. ref
The Restoring American Financial Stability Act of 2010. ref, ref
The Fraud Enforcement and Recovery Act. ref, ref
Established the National Commission on Fiscal Responsibility and Reform. ref1,
Closed offshore tax safe havens, tax credit loopholes. ref, ref, ref
Reformed Deferral Rules to curb tax advantages for investing overseas. ref
Permanently extended Research and Experimentation Tax Credit for domestic investments. ref
Established new Off-shore investment policy, which promotes in-sourcing. ref, ref
Reformed credit card swipe fees (via Amendment to H.R. 4173 – Sec. 1079) ref
New criminal penalties for mortgage fraud. ref
Negotiated deal with Swiss banks to permit US government to gain access to records of tax evaders and criminals. ref
Congress investigated Goldman Sachs for its role in subprime mortgage meltdown. ref
(U.S.) charges Goldman with subprime fraud. ref
(Treasury Department) Sold 1.5 billion shares of Citigroup at a profit. ref
(Pay Czar) Cut salaries for 65 bailout executives. ref
Issued compensation guidelines for bank executive salary and bonuses ref, ref
The biggest financial reform law since the Great Depression ref

Civil Rights
This category is still under construction. Many items that will be included in it are already embedded in Humanitarianism, and other overlapping categories.

Commerce, Trade & Communications
Expanded loan programs for small businesses. ref
The Small Business Act and the Small Business Investment Act. ref
The Credit CARD Technical Corrections Act of 2009. ref
Webcaster Settlement Act of 2009. ref
The Satellite Television Extension Act of 2010.ref
Established a credit card bill of rights. ref
Launched the National Export Initiative, with the goal of doubling US exports by 2015. ref, ref
Appointed the nation’s first Chief Technology Officer. ref
Launched piracy crackdown. ref
Promoted Internet Freedom as Part Of U.S. Foreign Policy. ref, ref, ref
Denied Federal contracts to tax delinquents. ref
(Senate Panel) Passed tougher rules on derivatives. ref
(Democrats) Unveiled Citizens United response bill. ref, ref ^roytoric
Proposed tougher meat industry antitrust rules. ref, ref

Economy, Employment and Labor
The American Recovery and Reinvestment Act of 2009 (ARRA): A $789 billion economic stimulus plan. ref
Assigned a Special Inspector General for the Troubled Asset Relief Program Act of 2009 . ref
Unveiled 33 Billion-dollar jobs package. ref, ref
Provided $5,000 tax credit for every new worker. ref
Provided a US Auto industry rescue plan. ref, ref
(HHS) Provided New Health IT Workforce Grants (under ARRA). ref
The Credit Card Accountability, Responsibility, and Disclosure Act. ref
The Jobs for Main Street Act (2010). ref
Established President’s Advisory Council on Financial Capability to assist in financial education for all Americans. ref, ref, ref
The Worker, Homeownership, and Business Assistance Act of 2009. ref
Established FERA. ref
Established the National Export Initiative ref
A temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958. ref
The American Jobs and Closing Tax Loopholes Act of 2010. ref
Found $20 Billion in budget cuts. ref
Created an Advanced Manufacturing Fund to invest in peer-reviewed manufacturing processes. ref
Increased minority access to capital. ref
Established economic justification requirement tax changes. ref
Provided grants to encourage energy-efficient building codes. ref
Extended and indexed the 2007 Alternative Minimum Tax patch. ref
Created task force to fight deficit. ref
Restored funding to the EEOC and the U.S. Department of Labor’s Office of Federal Contract Compliance Programs. ref
Established partnerships to share environmental technology with other countries. ref
More than doubled federal spending for research on clean fuels . ref
CBO found 3.7 Million jobs created by stimulus. ref
Raised the small business investment limit to $250,000 through the end of 2009. ref
Extended unemployment insurance benefits and temporarily suspend taxes on these benefits. ref ref
Made Haiti Donations Tax Deductible For 2009. ref
Equalized tax breaks with driving to promote public transit. ref
Provided National Export Initiative/Progress report and named Pr

John answers:

Democrats would give their left nut to have Palin get the nomination.

Maria asks…

Obama’s appointments: almost criminal in themselves?

March 07, 2008 by Colt Kingston
http://www.associatedcontent.com/article/644533/
March 07, 2008 by Colt Kingston
Hillary Clinton Called Monster
Samantha Powers Resigns
The monster statement made about Hilary Clinton came on March 4 2008 after Hilary Clinton won the Ohio primary. The Barack Obama political advisor Samantha Power said Hilary Clinton was a “monster”.

June 12, 2008
http://articles.latimes.com/2008/jun/12/nation/na-johnson12
By Tom Hamburger, Los Angeles Times Staff Writer
The unpaid advisor, Jim Johnson, was chosen by Obama last month to serve on a three-member team screening prospective nominees for vice president.Johnson, however, drew criticism over a report last week that he had received what may have been reduced rates on loans from Countrywide Financial Corp., a mortgage lender with business ties to Fannie Mae.

,Aug 06 2008, 11:09AM
http://www.thewashingtonnote.com/archives/2008/08/wrong_wrong_wro/
The Washington Note Wednesday, Aug 06 2008, 11:09AM
But I’m irritated and saddened by news that Barack Obama’s Muslim-outreach coordinator, Mazen Asbahi, has resigned “amid questions about his ‘involvement’ in an Islamic investment fund and various Islamic groups.”

Feb 4,2009
http://www.findingdulcinea.com/news/politics/2009/feb/Do-Nomination-Withdrawals-Mark-the-End-of-Obama-s-Honeymoon-.html
The National February 04, 2009 11:02 AM by Isabel Cowles

Former Senate majority leader Tom Daschle, who was slated to become Obama’s secretary of Health and Human Services, resigned after revelations that he failed to pay more than $128,000 in taxes, primarily for the use of a private car and driver that were supplied to him by a company for which he had done consulting work. He was also being questioned about speaking fees he accepted from health care interests, the Boston Globe reports.

The administration suffered another blow when Nancy Killefer, tapped to assume two roles—deputy budget director and the first chief performance officer for the federal government—withdrew after allegations that she had failed to pay unemployment compensation taxes on household help.

Timothy Geithner, who was recently confirmed as Treasury Secretary (a department that includes the IRS), failed to pay $34,000 in income taxes between 2001 and 2004. According to documents released by the Senate Finance Committee, Geithner settled unpaid back taxes just days before Obama announced his nomination.
And of course, Van Jones!

John answers:

And if his appointments weren’t bad enough, his choices for “special advisers” go beyond criminal. His 48 Czars, and counting, are a mixture of Communists, Fascists, Marxists and Socialists.

Charles asks…

Why do we Obama’s (reform and change)?

Here is a quick look into 3 former Fannie Mae executives who have brought down Wall Street.
Franklin Raines was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae’s accounting activities. At the time of his departure The Wall Street Journal noted, ” Raines, who long defended the company’s accounting despite mounting evidence that it wasn’t proper, issued a statement late Tuesday conceding that “mistakes were made” and saying he would assume responsibility as he had earlier promised. News reports indicate the company was under growing pressure from regulators to shake up its management in the wake of findings that the company’s books ran afoul of generally accepted accounting principles for four years.” Fannie Mae had to reduce its surplus by $9 billion.
Raines left with a “golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear. http://housingdoom.com/2006/12/18/fannie-charges/ . The Government noted, “The 101 charges reveal how the individuals improperly manipulated earnings to maximize their bonuses, while knowingly neglecting accounting systems and internal controls, misapplying over twenty accounting principles and misleading the regulator and the public. The Notice explains how they submitted six years of misleading and inaccurate accounting statements and inaccurate capital reports that enabled them to grow Fannie Mae in an unsafe and unsound manner.” These charges were made in 2006. The Court ordered Raines to return $50 Million Dollars he received in bonuses based on the miss-stated Fannie Mae profits.
Net windfall . . . $190 million!
Tim Howard – Was the Chief Financial Officer of Fannie Mae. Howard “was a strong internal proponent of using accounting strategies that would ensure a “stable pattern of earnings” at Fannie. In everyday English – he was cooking the books. The Government Investigation determined that, “Chief Financial Officer, Tim Howard, failed to provide adequate oversight to key control and reporting functions within Fannie Mae,”
On June 16, 2006, Rep. Richard Baker, R-La., asked the Justice Department to investigate his allegations that two former Fannie Mae executives lied to Congress in October 2004 when they denied manipulating the mortgage-finance giant’s income statement to achieve management pay bonuses. Investigations by federal regulators and the company’s board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004.
Howard’s Golden Parachute was estimated at $20 Million!
Jim Johnson – A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. A look at the Office of Federal Housing Enterprise Oversight’s May 2006 report on mismanagement and corruption inside Fannie Mae, and you’ll see some interesting things about Johnson. Investigators found that Fannie Mae had hidden a substantial amount of Johnson’s 1998 compensation from the public, reporting that it was between $6 million and $7 million when it fact it was $21 million.” Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO o f Fannie Mae.
Johnson’s Golden Parachute was estimated at $28 Million.

WHERE ARE THEY NOW?
FRANKLIN RAINES? Raines works for the Obama Campaign as Chief Economic Advisor
TIM HOWARD? Howard is also a Chief Economic Advisor to Obama
JIM JOHNSON? Johnson hired as a Senior Obama Finance Advisor and was selected to run Obama’s Vice Presidential Search Committee

IF OBAMA PLANS ON CLEANING UP THE MESS – HIS ADVISORS HAVE THE EXPERTISE – THEY MADE THE MESS IN THE FIRST PLACE. Would you trust the men who tore Wall Street down to build the New Wall Street ?

John answers:

Nope. I have absolutely NO confidence in Obama. Why anyone would want a man, who was only a senator for 143 days before he started running for president, to actually be our president is beyond me.

Betty asks…

So this is how Obama is planning to clean up Wall Street?

Here is a quick look into 3 former Fannie Mae executives who have brought down Wall Street.
Franklin Raines was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregulaties in Fannie Mae’s accounting activities. At the time of his departure The Wall Street Journal noted, ” Raines, who long defended the company’s accounting despite mounting evidence that it wasn’t proper, issued a statement late Tuesday conceding that “mistakes were made” and saying he would assume responsibility as he had earlier promised. News reports indicate the company was under growing pressure from regulators to shake up its management in the wake of findings that the company’s books ran afoul of generally accepted accounting principles for four years.” Fannie Mae had to reduce its surplus by $9 billion.
Raines left with a “golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear. http://housingdoom.com/2006/12/18/fannie-charges/ . The Government noted, “The 101 charges reveal how the individuals improperly manipulated earnings to maximize their bonuses, while knowingly neglecting accounting systems and internal controls, misapplying over twenty accounting principles and misleading the regulator and the public. The Notice explains how they submitted six years of misleading and inaccurate accounting statements and inaccurate capital reports that enabled them to grow Fannie Mae in an unsafe and unsound manner.” These charges were made in 2006. The Court ordered Raines to return $50 Million Dollars he received in bonuses based on the miss-stated Fannie Mae profits.
Tim Howard – Was the Chief Financial Officer of Fannie Mae. Howard “was a strong internal proponent of using accounting strategies that would ensure a “stable pattern of earnings” at Fannie. In everyday English – he was cooking the books. The Government Investigation determined that, “Chief Financial Officer, Tim Howard, failed to provide adequate oversight to key control and reporting functions within Fannie Mae,”
On June 16, 2006, Rep. Richard Baker, R-La., asked the Justice Department to investigate his allegations that two former Fannie Mae executives lied to Congress in October 2004 when they denied manipulating the mortgage-finance giant’s income statement to achieve management pay bonuses. Investigations by federal regulators and the company’s board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004.
Howard’s Golden Parachute was estimated at $20 Million!
Jim Johnson – A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. A look at the Office of Federal Housing Enterprise Oversight’s May 2006 report on mismanagement and corruption inside Fannie Mae, and you’ll see some interesting things about John son. Investigators found that Fannie Mae had hidden a substantial amount of John son’s 1998 compensation from the public, reporting that it was between $6 million and $7 million when it fact it was $21 million.” John son is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae.
Johnson’s Golden Parachute was estimated at $28 Million.

WHERE ARE THEY NOW?
FRANKLIN RAINES? Raines works for the Obama Campaign as Chief Economic Advisor
TIM HOWARD? Howard is also a Chief Economic Advisor to Obama
JIM JOHNSON? Johnson hired as a Senior Obama Finance Advisor and was selected to run Obama’s Vice Presidential Search Committee

IF OBAMA PLANS ON CLEANING UP THE MESS – HIS ADVISORS HAVE THE EXPERTISE – THEY MADE THE MESS IN THE FIRST PLACE. Would you trust the men who tore Wall Street down to build the New Wall Street ?

——————————————————————————–

And dont forget Obama’s gift from Freddie and Fannie for $105,000
Keep giving out those free loans Barney

John answers:

Man i read the whole thing…now my head hurts…i agree with you.hes gonna do the same with the country if he wins.i need an advil.

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