Do You Have a Quality Mentorship Program?

    The purpose of a mentorship program is to facilitate field training for new hires that are not experienced so that they will receive the support they need to transition into productive members of the sales force. Having a mentorship program will also relieve the burden on branch managers who are then freed up to recruit additional producers and provides management field training/experience to senior-level producers.

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UWM $16B Deal at Center of Investor Suit

A blank-check company faces a lawsuit on behalf of its shareholders over a $16.1 billion deal to take United Wholesale Mortgage public. So report The Mortgage Note and Law360.

UWM 150x150Lawyers for Richard Delman, an investor in the special purpose acquisition company Gores Holdings IV, claim that the SPAC’s leaders breached their fiduciary duty with the deal, which was announced in September 2020.

Spokespeople for Gores and UWM didn’t immediately respond to Law360’s requests for comment.

Read the full article from The Mortgage Note.

Read the full article from Law360.

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