| I started revising and updating our how to start a | | | | But next year, the mortgage market will come back |
| mortgage company guides in 2008 in one of the | | | | and those remaining in the business will do well and will |
| worse mortgage markets I have ever seen. I had just | | | | continue to grow their businesses in another strong |
| witnessed Wall Street Firm Bear Stearns get sold to | | | | mortgage market. The mortgage business is, has been, |
| JP Morgan Chase for just two bucks a share and | | | | and always will be a cyclical business. We are near |
| IndyMac Bank get taken over by the FDIC for safety | | | | the bottom of a down cycle. The industry will soon |
| and soundness concerns. I watched company after | | | | regroup, rebound and re-evolve. Will you be ready to |
| company close their doors. I saw mortgage | | | | be part of it? |
| processors, loan officers and others lose their jobs and | | | | Get Ahead of the Mortgage Business Setup Curve |
| be told not to apply into other industries if they were | | | | After the news hits of a renewed and strong |
| coming from the mortgage industry. These were | | | | mortgage market, newcomers to the business will try |
| indeed tough times in the mortgage business. | | | | to get their mortgage entities set up, will begin applying |
| Set Up a Mortgage Business in 2008? | | | | for licenses and will submit approvals to mortgage |
| I keep asking myself, who out there is going to want to | | | | wholesalers to whom they will be able to broker loan |
| get into the mortgage business in 2008? Who out | | | | applications. This process will take at least 90 days to |
| there wants to get into the business just to be the | | | | get going. Get your mortgage company to be 2009 |
| next company listed in on the Mortgage website? | | | | ready by taking action today. |
| Shouldn't we all be running from the mortgage business | | | | Learn the steps you need to take to open your |
| right now and not embracing it as an area of | | | | mortgage company in the next 90 days, download this: |
| opportunity? And I am hearing that you just can't make | | | | Step by Step How to Get a Mortgage License in 90 |
| as much money on mortgage loans as we all did in the | | | | Days or Less. |
| good ole days of yesteryear. | | | | |