Case with Coleen Colombo and Colleagues Resisting Mortgage Essay

All businesses understand that they must use effective communication in order to do well as a business, without communication the business will be a mess and would not run successfully. Using communication allows the employees and offices to stay up to date with the businesses progress and what is currently happening. To use effective means of communication all employees would be in a way trained in order to understand communication and use the most effective means for it. This is done in advance to checking that communication is understood by the recipient.

Communication is what the employees need from their employers. Employees look for organizations where communication and process are transparent.

Obstacles in effective communication among individuals in the organization include inattention, information overload, time pressures, complexity in organizational structure, and poor retention (“Communication

Communication plays a key role in organizations as it allows organizations to be able to work effectively. Employees in an organization also benefits by communicating with other members and feeling being a part of the organization. It is not possible for an organization to operate without any communication between various levels, departments and employees.

In this assignment I am going to explain about the role of the effective communication

Effective communication improves the quality of life of people. It is essential that efforts are made to enhance communication, time is made to listen and to

Communicating is important because you may leave others out of the loop and they cannot inform higher of what is going on. Effective communication in the workplace assists employees form highly efficient teamwork. Employees are able to trust each other with fulfilling daily tasks and not leaving more work for them to complete. Being able to communicate represents a good leader as well. A leader who openly and consistently communicates benefits themselves along with other coworkers. Communication in the workplace also has the ability to improve employee morale. The importance of communication skills can be seen when good, quality communication occurs that prevents misunderstandings, miscommunication and conflict. It produces productive work and performance which ultimately impacts the company's bottom line. A vital part of communication is making employees feel understood and valued. Specific campaigns can help boost employee morale and give workers a chance to feel recognized and valued. When there is a strong morale in offices and other work environments, job retention is often high as well. Perfect communication at all times is not always possible but clearing up problems can be handled quickly by asking the right questions. This is where the importance of communication skills comes in. Find out if everyone shares a solid understanding, not only of goals, but expected time frames to complete tasks, possible costs and other aspects of the job. Listen to suggestions and ideas for improving job performance. Open communication allows employees to be more engaged and understand that what they do matters in the success of the business. Making sure your employees conceive the big picture and the part they play in the success of the organization will help others better understand why decisions are made and how those decisions impact them specifically as well as the company as a whole.

“With every endeavor, know the appropriate balance of passion and reason.” (Cavlovic 2005). Interpersonal communication is not an option. By overcoming the following barriers your road together through communication will overcome any negative trails. If we teach ourselves to listen to understand instead

Communication is the conveyance and flow of ideas from one person to another. The exchange of information takes place through letters, words, symbols and nonverbal behaviors. It involves the transmission of ideas from the sender to the receiver. Communication is effective only if the receiver fully understands the transmitted information. Many problems and failures occur in organizations due to poor communication. Objective and goals fail due to misunderstandings in the organization. Effective communication provides a chain of understanding to all participants in the organizational framework. It promotes the flow of information both vertically and horizontally.

• Communication: When dealing with an organization where many of the employees are entry level and lack work and in some case life experience due to their age of lack of employment or even because of a generation communication gap, it is important to be

Since the housing market bust, there has been an explosion in the number of federal investigation of mortgage fraud scheme across the country. Mortgage Fraud is a violation of state and

In 2003, Coleen Colombo joined the California branch of BNC, where she worked as a senior underwriter. The BNC office in which Colombo worked was part of the regional group that offered a considerable amount of loan to its customers. The performance of Colombo in her work was outstanding. This is according to a wrongful termination and harassment suit filed in California Superior Court on her behalf and on behalf of five other BNC employees. The suit states that the work environment began to become hostile for Colombo in 2005 after one of her fellow employees, a male wholesaler,

Attached is a sample of loan-level information (Exhibit 2). How would you expect an applicant’s debt-to-income ratio to relate to other loan characteristics, such as credit score? (Narrative)

Communication is essential in all facets of an organization. It can aid in decision making, planning and conflict resolution. The ability to effectively communicate allows facilitation of relationships between superiors and subordinates; essentially this creates higher job satisfaction (Dogra, A., 2012). Open communication where employees have opportunity to voice their ideas and concerns, corelates to employees feeling a sense of value within the organization, which creates motivation (Dogra, A., 2012). Furthermore, in conjunction with these ideas, a sense of partnership and loyalty begin to develop between subordinates and superiors. The responses to this are typically seen in greater responsibility being given to the subordinate.

It is a well-known fact that communication plays a coordinating and integrating role in the management of the affairs of any organization, whether in the functions of planning, organizing, staffing,