The recent downfall of Carteret Mortgage is a classic example of growing bigger, not smarter.
Who can blame Carteret Mortgage though? The money was good and the market was hot! Not many people who were in the heart of it all could have called this type of GLOBAL backlash.
Now, those who did see the writing on the wall are sitting back and watching all the larger companies fall.
With their massive overhead and exposure to billions in potential buy backs and lawsuits, it was only a matter of time before the company went under.
This is why solid net branch opportunities are hard to come by.
The Carteret Mortgage employees are now scrambling to find solid ground.
In an impressive move, CEO of Carteret Mortgage Eric Weinstein announced Wednesday that the company is going to end operations soon, allowing the net branch managers to take their pipelines elsewhere to close them out.
Many net branch companies would have waited until the last minute to do so.
What we need now is an answer to this fall from grace.
We need a company that is not willing to sacrifice quality for money.
A net branch that understands that a mortgage on a home needs to be originated with family in mind.
A company that is not willing to let just anyone off the street represent their institution.
One that does background checks on all employees.
I have found your answer to the fall of Carteret Mortgage.
It is Top Flite Financial! A company that stayed smaller while everyone passed it by.
Knowing that one day the time would come that those who moved too quick and hastily would fall.
With user-friendly, back office software and fee structures that are tailored to help you make more money, this company is ready to be the difference in the industry.
Who can blame Carteret Mortgage though? The money was good and the market was hot! Not many people who were in the heart of it all could have called this type of GLOBAL backlash.
Now, those who did see the writing on the wall are sitting back and watching all the larger companies fall.
With their massive overhead and exposure to billions in potential buy backs and lawsuits, it was only a matter of time before the company went under.
This is why solid net branch opportunities are hard to come by.
The Carteret Mortgage employees are now scrambling to find solid ground.
In an impressive move, CEO of Carteret Mortgage Eric Weinstein announced Wednesday that the company is going to end operations soon, allowing the net branch managers to take their pipelines elsewhere to close them out.
Many net branch companies would have waited until the last minute to do so.
What we need now is an answer to this fall from grace.
We need a company that is not willing to sacrifice quality for money.
A net branch that understands that a mortgage on a home needs to be originated with family in mind.
A company that is not willing to let just anyone off the street represent their institution.
One that does background checks on all employees.
I have found your answer to the fall of Carteret Mortgage.
It is Top Flite Financial! A company that stayed smaller while everyone passed it by.
Knowing that one day the time would come that those who moved too quick and hastily would fall.
With user-friendly, back office software and fee structures that are tailored to help you make more money, this company is ready to be the difference in the industry.