Comments on: Big shakeup at Fidelity MLS Division!

By: FNRES kisses its name goodbye! « Vendor Alley

FNRES kisses its name goodbye! « Vendor Alley — Wed, 01 Jul 2009 00:00:47 +0000

[...] If I understand this correctly the MLS division is no longer called FNRES anymore. They will now be now known as LPS Real Estate Group. Or maybe just LPS. And it looks like Cyberhomes becomes more of a product name, not known as a division name as previously. [...]

By: Greg Robertson

Greg Robertson — Thu, 11 Dec 2008 22:37:26 +0000

I am also closing comments for this post going forward.

By: Greg Robertson

Greg Robertson — Thu, 11 Dec 2008 22:34:06 +0000

@ the real @GlennChristoph

done.

By: Greg Robertson

Greg Robertson — Thu, 11 Dec 2008 03:26:26 +0000

@FromTheTrench
Are you posting your resignation on Vendor Alley or are you reposting a letter/email?

By: FromTheTrench

FromTheTrench — Wed, 10 Dec 2008 23:20:48 +0000

Dear Colleagues,

*****COMMENT REMOVED BY REQUEST AND DUE TO CONTENT************

By: Valar39

Valar39 — Tue, 25 Nov 2008 19:20:16 +0000

that’s corporate for you the big wigs line their pockets and the smaller guys like us suffer.

By: From the Trench

From the Trench — Tue, 25 Nov 2008 13:44:32 +0000

http://www.forbes.com/lists/2007/12/lead_07ceos_William-P-Foley-II_ESTH.html

Here the CEO has a higher sallery. One was circulated around Fidelity that showed 537K yearly with a total compensation package of 12million. Dunno…you do the math, but I wonder how cutting so many low paying jobs helps a company when you have so many bloated leaches suckeling on the money bags of the company?

By: From the Trench

From the Trench — Tue, 25 Nov 2008 13:24:20 +0000

Well that’s good news for McCabe. I can see that. Dennis was from his area wasn’t he? On another note, Forbes reports William P Folley II’s 5 year compentation as FNF’s CEO to be $77.69 million dollars.

http://people.forbes.com/search?name=&ticker=fnf

A quick search at Forbes shows several upper managements makeing millions in compensation. I wonder how the small handfull matches just one of them. Not to mention it was said that they had other sites to visit.

By: Valar39

Valar39 — Tue, 25 Nov 2008 08:33:31 +0000

it was erroneously reported that John McCabe was one of the managers laid off that was incorrect. He was in the room but was not a part of the lay off. the People that were laid off were the ones that were expendable in the eyes of Bill Gellerstadt and Marty Reed.

By: From the Trench

From the Trench — Mon, 24 Nov 2008 18:44:25 +0000

Fidelity MLS is going to consolidate under another Fidelity division, possibly Cyberhomes–

Yeah…they merged. Fidelity MLS has taken on Cyberhomes 200M+ debt as well as their name. Rumor mill has it that on 11/21/08 everything that was Fidelity was tossed out…like their staff…and repleaced with Cyberhomes. There are several reasons why this happened, but it boils down to moving the parts of FNRES together as a single unit instead of several different sections. As it was told to us before the axeman cometh… Fidelity’s profits belong to the Mother Company and the Mother Compaines debt belongs to Fidelity.