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Where do ex-MBs go?

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Elliott

Elite Member
Gold Supporting Member
Joined
Apr 23, 2002
Professional Status
Certified General Appraiser
State
Oregon
This isn't theory, I'm observing they infiltrate the 'safe'
lenders. One local MB who had a preference for not
only the 'skippiest' of the skippies, he also preferred the
newest of the skippies, when his parent MB closed shop
he latched on to a new bank as their first LO.

Next up, I got a call from a national CU, one that always
just sends over the request....but I got a call today and
a guy identifies himself as 'from XYZ Federal CU' and wants
a fee and turn time. Then he calls back and says,
"Can I get just get one comp, I don't want this guy to
spend all his money for nothing." I think I'll probably
be calling a quality control manager with the CU tomorrow
and asking what's going on and when did they decide to go to
the dark side?

Where are the ex-MBs going?
 
This isn't theory, I'm observing they infiltrate the 'safe'
lenders. One local MB who had a preference for not
only the 'skippiest' of the skippies, he also preferred the
newest of the skippies, when his parent MB closed shop
he latched on to a new bank as their first LO.

Next up, I got a call from a national CU, one that always
just sends over the request....but I got a call today and
a guy identifies himself as 'from XYZ Federal CU' and wants
a fee and turn time. Then he calls back and says,
"Can I get just get one comp, I don't want this guy to
spend all his money for nothing." I think I'll probably
be calling a quality control manager with the CU tomorrow
and asking what's going on and when did they decide to go to
the dark side?

Where are the ex-MBs going?

Hopefully they establish their own business and go broke !!!
 
Where are the ex-MBs going?

Do you really want an answer to that?:rof:I know where I WISH they were going.......and it's hotter than ReddiKilowattLand.........
 
I don't know where they are going. But, I do know where their head is!
 
Here are some options:

1)Back to bartending.

2)Back to waiting tables.

3)Back to hairdressing.

4)FHA/Reverse Mortgage.
 
I saw an ex MB working in Home Depot a couple weeks ago and he wasn't in management. He was doubly embarrassed, I remembered him and remembered he used to be in the mortgage business. I made sure to talk loudly and keep the conversation going so all his new peers knew him a little better. He looked very pleased when I checked out. :)
 
I'd consider it myself and I wouldn't be embarrassed --- it's honest work, whether or not it's what I'd prefer. He should only be embarrassed if he was previously the high-falootin', scum-bag type of MB.
 
I didn't mean belittle anyone working at Home Depot or any honest job, it's only that this jerk was the epitomy of the most arrogant MB, a Mitt Romney hair do, suspenders, BMW convertible, etc. I suspect he's driving a Dodge Dart these days. :)
 
Where?

Well,

Some head back to the dirt lot they used to finance cars on.

Some got their Realtard license.

Some are apprenticing.

Some have indeed infiltrated the banks--this may be short lived, though.

Some are doing credit repair.

But more and more,


JAIL.
 
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