I may need a new job. help

[dead_reggin_storage_fashi]

with the way things are going in the east (China's economy) I may be out of work shortly (commodity business in Asia) things are just drying up by the day.

I had 2 years exp. as a mortgage broker as well. (loved it) but 35+ mortgage companies going belly up and the sub prime market shot, things do not look good that route. Life was good 2 years ago. Several of my friends are already out of work now. Even those who are not in sub prime have felt it too. Chase lost $900 million in their mortgage dept.

I may need a new job. O yea having an Asian as a boss they could give 2 shits about letting you go with notice. (sorry but you are no longer needed ) <<waiting for that email to come

suggestions? 100% comm sales jobs I love

I have an udergrad at UCLA and a year at USC grad school (I dont want to go grad school full time etc)

my buddies dept. went down last wednesday.

 

[ortiz34]

No clue, but best of luck.

 

[dead_reggin_storage_fashi]

No clue, but best of luck.

thanks bro. I got 6 months of living saved up

I almost want to learn a new trade. I am lucky I didnt put all $ to buying a place in L.A. (even if I would know I would be in the same line of work same pay etc) as homes are going down in value in Cali.

 

[Raptorex]

Fidelity.com

 

[dead_reggin_storage_fashi]

Fidelity.com

Yea they are based out of Ma. I read their head man in charge is one of the richest guys out there.

do you work for Fidelity?

 

[SpyWizard]

actually the sub prime is going great...

depends on the type of $$$ and loans you want to make..

making money when the market is up, and when it is down..

good luck..

If you want an all commission and or want to learn something new.. do home improvement, most guys are good carpenters but not so good business men, and they will usually overpay a marketing company that brings them business..

good luck..

 

[Raptorex]

Yea they are based out of Ma. I read their head man in charge is one of the richest guys out there.

do you work for Fidelity?

No I am not in the financial industry, however it is a very large employer in our state. The father/daughter team (Johnson's) are very low profile, but yes..both are on the billionaire list (sepeately).

either that or try wall street (lots of nice bonuse this year).

 

[dead_reggin_storage_fashi]

actually the sub prime is going great...

depends on the type of $$$ and loans you want to make..

making money when the market is up, and when it is down..

good luck..

If you want an all commission and or want to learn something new.. do home improvement, most guys are good carpenters but not so good business men, and they will usually overpay a marketing company that brings them business..

good luck..

sub prime market good? how so? all the investors have changed their underwriting demands so getting a loan tough. www.mortgageimplode.com

who the hell would hire anyone when all the firms are going under or the ones staying a float are cutting like crazy....things are different out west man... these companies are sinking faster then lead water

I dont want to do home improvements ets. I was thinking a new trade as in something in the business world.

 

[dead_reggin_storage_fashi]

No I am not in the financial industry, however it is a very large employer in our state. The father/daughter team (Johnson's) are very low profile, but yes..both are on the billionaire list (sepeately).

either that or try wall street (lots of nice bonuse this year).

I just read about them in the billionaire list the other day... I guess folks do like to work for that corp.

 

[ole farte']

shit, the sub prime market is in a world of hurt. lenders are closing their doors and delinquencies are pushing 13%. if the housing market doesn't improve this spring then there will be more defaults leading to more empty houses. just have to wait to see how warmer weather affects the housing market. i wouldn't touch it right now unless you like to gamble.

 

[SpyWizard]

sub prime market good? how so? all the investors have changed their underwriting demands so getting a loan tough. www.mortgageimplode.com

who the hell would hire anyone when all the firms are going under or the ones staying a float are cutting like crazy....things are different out west man... these companies are sinking faster then lead water

I dont want to do home improvements ets. I was thinking a new trade as in something in the business world.

I still have mine.... 125% ltv... 620 fico refi

500 fico purchase no doc

and i have 3 small community banks feeding the leads to me..

yep, the industry is in good condition to provide a service..