My Perspective

Thoughts from the Chairman & CEO of AMC Institute, a learning center providing education, training, information and solutions for mortgage loan providers.

Monday, July 21, 2008

Imagine Housing Without a Secondary Market V

Over the week-end, I spoke with the student to which I referred to back on July 12th; I asked him how he’s doing in putting together a group to join him in our initial class on this subject August 3rd as we have a special arrangement about his suggestion that the class should be held in the first place. 

Initially he seemed real excited about getting several of his friends/ business associates to attend; as we spoke, he revealed to me that most of those he used to be close to, have left or are now jumping ship and leaving the industry! I too have received a couple of e-mails from people, who today are in their “last throws” and would otherwise have attended, only if the class was sooner (when they still had some money) and weren’t themselves jumping ship too!

I almost feel like calling him back and asking, why he didn’t come up with this class idea sooner :-} … given the depth of the crisis so many are facing today, plus the fact that this session would be good for both mortgage brokers and mortgage bankers, plus wholesale lenders too, I expect it’s going to be fine though.

posted by Secret! at 3:04 pm  

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