Posted by ME/NJ on 10/11/11 9:41pm
Msg #400197

I must be getting old

Have two signings next week from what I thought was a new client in NJ, turns out I've worked for them before because both deals the borrowers knew me from years ago from prior deals.

Sure hope they were good deals years ago, I know a lot deals I did during the peak years those loans had to of gone bad.

Reply by Lee/AR on 10/12/11 1:44am
Msg #400213

During the boom years, I had a lot of 'repeaters'. I was at one couple's home 5 times--so often the kids thought I was family.

Still infrequently get a repeater. So far, not the 5x couple, but I do wonder how some of those repeaters have made out. Which is another good reason not to do debt relief signings.

Reply by Julie/MI on 10/12/11 8:11am
Msg #400228

I disagree about the bad loans. I've closed loans for many familiar faces going back the 11 years I've been a contract closer.

Remember the rush of ABN AMRo's after 9/11? Those were all good. There was the Ameriquest drama and some of the Full Spectrum/ Wilmington Finance and Countrywide, but the subprime were few volume than the straight refi's from GMAC, Chase/Citi.