Tuesday, April 1, 2008

Looking for a net branch company?

Are you looking for a net branch company to work with?

There is good news and bad news.

The good news is that the number of companies that you have to choose from has been cut in half in the last 12 months.

The bad news is that the number of companies that you have to choose from has been cut in half in the last 12 months.

Why is this both good and bad news?

It's good news because there were way to many companies offering services that they could not provide.

The bad news is there are still a number of companies offers branch services that they are not equipped to provide.

Most people assume that the "Sub Prime Catastrophe" is the reason so many mortgage companies offering net branch services closed their doors. I don't think this was the primary reason. I think it was because as loan originations slowed down many companies that were hiding their problems with increasing loan production were left with nowhere to hide.

Their operations problems caught up with them.

I talk to people searching for a company to work with every day. The primary reason managers want to switch companies is that they are frustrated because their current company cannot provide the basic services that they promised to provide.

I will use this blog spot to help people understand more about how to find a good net branch company to work with.

Subscribers and comments are always welcome!

No comments: