Results 1 to 25 of 46
Threaded View
-
09-21-2012, 08:35 AM #25
- Join Date
- Sep 2012
- Posts
- 199
Not too hard to figure out huh? Lol
I was a 50% partner in a small broker/banker company. We funded about $10M/mo on our warehouse line until we got the letter from Nat City Bank saying "effective immediately"...
It was a disaster. Everybody was losing jobs and going out of business. Appraisers, title co's, realtors, home inspectors, mortgage guys, you name it. Never seen anything happen so fast. My ex partner is hanging on. Just a 2 man broker shop in a tiny office but he is making a living. I don't regret my decision to leave the industry at all. Not enough upside (if any).
Did you enjoy the meltdown as well?