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Perspectives: Is this a former loan officer or a customer of a LO/subprime lender?
Evidently, this is circulating in e-mails everywhere. Depending upon your perspective it could be funny or not so funny. On the one hand it could be a former employee of a defunct sub-prime lender or it could be a customer with a toxic loan. Either way this evokes a lot of different views.
Posted: September 13th, 2007 under General Real Estate.
Tags: ethics, Legacy-Escrow-Service, loan-officer, sub-prime
About the Author: Tim Kane
- Author's website: http://www.legacyescrow.net
- More posts by Tim
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Comments
2.
Comment
from Rhonda Porter
Time September 15, 2007 at 8:32 am
I might need to borrow this picture for a future post. I recently had a “former subprime lender” contact me wanting help with how to develop a “good business plan”. He worked in a large call center and did not realize how harmful the mortgages he was pushing to home owners who answered his call were.
3.
Comment
from Rhonda Porter
Time September 15, 2007 at 11:11 am
Tim, I have no luck with trackbacks from my Typepad blog…so please consider this a trackback. 
http://www.mortgageporter.com/reportingfromseattle/2007/09/confession-of-a.html
Thanks for sharing the photo!
1. Comment from Ian Mariano
Time September 13, 2007 at 5:42 pm
Wow. A very descriptive symbolism of what has happened to many in our industry,
But I also realized that ‘market effects’ contributes, at most, 30% to our production (real estate people). Meaning, whatever state the market is, the buck is still in our plate.
The question I should be asking myself is..
Will I remain steadfastly committed to my business or am i just going to choose the easy route?
Sometimes it can get downright ‘frightening’ fighting it out in our business. I do. I am.
But as Frost beautifully puts it,” The woods look lovely dark and deep. But I have promises to keep. And miles to go before I sleep. And miles before i go to sleep.”