In yesterdays NY Times magazine there was a terrific article on how the rating agencies participated in the current housing bubble and liquidity crisis.
Take a look
Although we know (and discussed here) many of the players in our current situation, this is a well written piece on how financal structures are created and utilized.
There is a terrific new site that is helping the over 100,000 mortgage professionals that have been displaced find new opportunity. Its www.careertransistionnetwork.org
Its a project started by Shirley Clark through her non-profit Choose To Lead. With everything that is happening we forget about all the individuals that worked operational and support functions for many companies that [...]
As we talk about important issues like the economy, the mortgage market and regulatory issues like YSP, it reiterates to me the need for partnerships and participation. As the government, especially in an election year, will no doubt have more say in our world, it behooves us to see how we can work together [...]
I’ve been seeing so much more conversation and communication about getting ourselves back on track in our industry. Many of you have kept us focused on what we need to do to survive, educate and be the successful people we always have been. I just wanted to wish everyone a peaceful weekend with those you [...]
Talk to any salesperson in the wholesale world and they will ask, “Are we going to make it?” With the multitude of changes that have occurred; lenders exiting, the media depiction and new rules coming out every week, its certainly a valid concern.
If we think this through, what I see is a real positive in [...]
As my business has grown and I am working more often with my marketing partners at Koi Marketing Group, I am listening to some very talented people who are either totally frustrated with todays environment and looking for a better direction or meeting some truly awesome people with a real vision for new opportunity.
What separates [...]
Thanks for the warm welcome! I’ve been talking with many people so far this year and recently attended the Source Media Mtg Tech Conference in Orlando. Funny, I had written this yesterday to review this am before posting and saw the piece on Indy Mac. Since the year began, I’ve been really positive about how [...]