Although executive compensation in the UK is said to be dwarfed by that of corporate America, it has caused public upset. In response to criticism of high levels of executive pay, the Compass organisation set up the High Pay Commission. Its 2011 report described the pay of executives as corrosive.
Apply for a DE underwriting job with employers looking to hire DE underwriters. The employer must be a HUD-approved FHA lender that can do DE underwriting. Most mortgage brokerages do not qualify as an FHA lender that can do DE underwriting. Pass the employer's specific requirements for its DE underwriters.
I have been in underwriting for 23 years. A good Sr Underwriter should make no less than $8,500-$11,000 per month. You should start out as a processor or an underwriting assistant to learn the skills needed and get familiar with the guidelines, requirements, investor requirements, etc.m looking for a motivated DE underwriter. I'll pay $5,000 per month plus $50 per file that closes. (we close about 30-50 in house currently with the ability to underwrite files from other branches) You do not need to be located in Bakersfield but you must train for two weeks in Salt Lake city at headquarters.