If art doesn't seem dangerous for the artist, it probably isn't relevant.

This quote was from Scott Adams and his most excellent blog.

I’m thinking about this mostly because our industry right now has such a ferocious pull towards frightened, homogeneous, soul crushing mediocrity.   All the risk takers and mavericks are being rounded up and shot.  That’s the part I’m missing.   The mavericks, the balls out winners.  The people that rolled their sleeves up and got dirty.  Maybe a little too dirty, but the lack of creativity, effort and synapse firing is a shame.

I’ll call it the spirit of ‘76 SISA.   “No Income?  Heh.  Screw Income, We’ll Make a Mortgage.”   What went along with the rule pushing and bending was also an attitude of adaptability, when focused correctly was among the best spirit of entrepreneurship that America has to offer.   No dobut, there was a reason to change the bathwater.  But let’s not pitch a baby out there. 

“Rules, they are for other people".

I’m not trying to say that we need to go back to Max Fees, but we do need to show a little more adaptability and versatility.   We need to find ways to get deals done, and not feel like we have to bear the sins of the millions of sales punks that came before us. 

It’s time to reach between our legs, pull our tails out, and go do what it is that we’re supposed to do. 

Todd describes the idea of being a loan officer as “not just a job.”

So if it’s who we are, we have a choice.  Are we going to face the danger, hold our heads up, and kick ass?   Or are we going to sit around clucking about how we never originated an option arm and how we’re not “one of those people.”

I used to take great lengths to obscure the fact that I was a mortgage broker—the phrase, “correspondent lender,” rolled off my lips to avoid rejection.   Screw that.    We’re brokers.  We get deals done, on time, every time.  We work shoulder to shoulder with consumers and appraisers and realtors to help people.   The schmucks have all gone back to bartending and selling cars.   It’s now our time.   Let’s get a little dangerous.

Comments

[Rhonda Porter]

It is a facinating time to be in the mortgage arena these days. I'm thrilled! The rift raft is leaving (more still needs to go) and the professionals, regardless if they're correspondent lenders, mortgage brokers or bankers, will tough it out.

Stated income, I was NEVER a fan of unless the borrower actually had the income. Odds are, I'd go NIV or Greenpoint's NINANJ loan instead.