"The upcoming real estate & mortgage markets are changing so rapidly that many companies will quickly realize that their business strategies will need to change with it. As rates continue to rise, the competition will become more and more fierce. Many companies that sprung open during the boom over the past few years will close just as quickly,  unless they have a new strategy.  To compound the foregoing opposition, companies are also trying harder to generate new business, leaving virtually no time, nor the resources, to hire, train and provide leads for new employess & consultants. Even Lenders and Banks themselves are rapidly expanding their retail sales force, up-to tenfold in some states, to decrease or even eliminate a mortgage broker’s share in the industry. 

This cyclical movement in the real estate market will require a shift in how Real Estate & Mortgage companies continue to operate. 

Will your company be ready for the change?

As of January 2009

79 lenders are out of business since January

2.3 million families are predicted to lose their homes to foreclosure by end of year

250,000 banking jobs are gone

Major accounting irregularities in FNMA & FHLMC

Stricter guidelines knocking more borrowers out of the market

 The financial collapse is still sending shockwaves through our economy.