occupations ??
Banned for Eternity
Joined: Dec 2003
Posts: 6,437
From: Dana Point, CA Appleton, WI
Rep Power: 304
I see a LOT of mortgage brokers here, and I know quite a few myself, and I know a TON of money has been made in the last 3 years or so by everybody either buying, refinancing, or doing the equity lines. The U.S. economy seems held up by borrowing, and that scares me, and I honestly wonder how cutthroat it will be this year and following between all the tens of thousands of mortgage brokers who are all fighting for the same few people remaining who haven't already taken advantage of a good mortgage market. I remember 10 years ago I didn't know a single one, nor did I see a single 'mortgage broker' business as a stand-alone operation - now they are everywhere...
Porsche Fiend
Joined: Aug 2003
Posts: 2,875
From: Malibu, CA
Rep Power: 139
Originally posted by teutonictrio
I see a LOT of mortgage brokers here, and I know quite a few myself, and I know a TON of money has been made in the last 3 years or so by everybody either buying, refinancing, or doing the equity lines. The U.S. economy seems held up by borrowing, and that scares me, and I honestly wonder how cutthroat it will be this year and following between all the tens of thousands of mortgage brokers who are all fighting for the same few people remaining who haven't already taken advantage of a good mortgage market. I remember 10 years ago I didn't know a single one, nor did I see a single 'mortgage broker' business as a stand-alone operation - now they are everywhere...
I see a LOT of mortgage brokers here, and I know quite a few myself, and I know a TON of money has been made in the last 3 years or so by everybody either buying, refinancing, or doing the equity lines. The U.S. economy seems held up by borrowing, and that scares me, and I honestly wonder how cutthroat it will be this year and following between all the tens of thousands of mortgage brokers who are all fighting for the same few people remaining who haven't already taken advantage of a good mortgage market. I remember 10 years ago I didn't know a single one, nor did I see a single 'mortgage broker' business as a stand-alone operation - now they are everywhere...
Thank god I'm in commercial real estate financing. It's not even a boom year for us, but I'm still doing ok.
Banned for Eternity
Joined: Dec 2003
Posts: 6,437
From: Dana Point, CA Appleton, WI
Rep Power: 304
Hamann - smooth move. Commercial lending is much more stable, to be sure. In fact, you guys are probably just now starting to enter your prime - the last 3 years were boon for residential, and comparitively bust for commercial. Guess you'll be getting a CGT soon!!
I have two commercial real estate loans, just to let you know I"m doing my part too!
I have two commercial real estate loans, just to let you know I"m doing my part too!
Carolina Speed
Joined: Nov 2003
Posts: 761
From: north carolina
Rep Power: 53
orthopaedic surgeon. the compensation does not match the time investment. Ask the family of the next surgeon you meet (but not a cosmetic surgeon). Anyway, there is no time left to drive the car.
I'm 15 and I really have to say that all of you have got it made for yourselves from the work you've done to afford such fantastic cars. So far I'm on the way to being like all of you, I've began a business with my friend in the web hosting market, yeah I know its not the best place to make a business, www.makosolutions.com since there are a great deal out there. But its a good way to make some money and so far in the past 10 months we have 28 customers so we know we're doing something well. Do any of you have any tips to make it in the real world? Or anything about school specifically?
Registered User
Joined: Aug 2003
Posts: 8,414
From: Los Angeles
Rep Power: 370
Originally posted by ColorChange
Sorry jcramair1, I can't let it lie if you're going to try to speak for me, please don't do that again. I despise people who make it easier for others to shirk their responsibility. That is what I feel the current laws do, and to profit from that assistance in my views is despicable: not because I have lost money personally (and I have), and not because I (like all those honorable people who do pay their debts) end up paying for it, but because I feel it is morally and ethically wrong!
The sleeping dog is back asleep.
Sorry jcramair1, I can't let it lie if you're going to try to speak for me, please don't do that again. I despise people who make it easier for others to shirk their responsibility. That is what I feel the current laws do, and to profit from that assistance in my views is despicable: not because I have lost money personally (and I have), and not because I (like all those honorable people who do pay their debts) end up paying for it, but because I feel it is morally and ethically wrong!
The sleeping dog is back asleep.
http://www.amazon.com/exec/obidos/tg...books&n=507846
Registered User
Joined: Aug 2003
Posts: 3,095
From: Chicago
Rep Power: 146
Offroad and John: 
I have three hardcopies of the book I hand out to friends if they haven’t read it. I think it should be required reading in high school (yea right, good luck). Written by a commi no less! Are you guys trying to stir things up again?
I have three hardcopies of the book I hand out to friends if they haven’t read it. I think it should be required reading in high school (yea right, good luck). Written by a commi no less! Are you guys trying to stir things up again?